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Bloomberg

UK Could Be Facing a Jet Fuel Shortage, Says Soc Gen's Haigh

The Strait of Hormuz closure is turning into real energy shortages according to Societe General. Michael Haigh, Global Head of FIC and Commodities Research says the final vessels carrying jet fuel to the UK will arrive in the next 48 hours and "there is no more after that." He speaks on Bloomberg Surveillance.

Read more: UK Could Be Facing a Jet Fuel Shortage, Says Soc Gen's Haigh
Bloomberg

Citizens CEO: Private Credit Industry Growth Will Slow

Bruce Van Saun, Citizens Financial Group Chairman and CEO discusses challenges facing regional banks as credit growth is tested, and how lenders are applying AI and cloud-based tools to improve speed and reduce friction. He speaks with Dani Burger and Matt Miller on "Open Interest," saying private credit industry growth will slow.

Read more: Citizens CEO: Private Credit Industry Growth Will Slow
Bloomberg

Refiners Could Wait Weeks for Oil, Even After Strait Is Fully Reopened, Macquarie Says

Some refiners could wait several weeks for oil even after the Strait of Hormuz is fully reopened, keeping up the pressure on prices. Macquarie Group Global Energy Strategist Vikas Dwivedi said in a recent note that oil could hit a record of $200 a barrel if the Iran war drags on. He speaks on Bloomberg Surveillance.

Read more: Refiners Could Wait Weeks for Oil, Even After Strait Is Fully Reopened, Macquarie Says