Iran Standoff Reshapes Global Energy Flows
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US pressure on Iran and disruptions in the Strait of Hormuz are reshaping global energy markets and forcing businesses to reassess supply chain risks. At the Aspen Security Forum, Bloomberg News' David Gura spoke with experts who say markets have remained resilient thanks to strategic petroleum reserves, alternative export routes and lower Chinese oil demand, but warned those buffers are diminishing, leaving the global economy more vulnerable if tensions escalate. Watch Former US Ambassador to China Nicholas Burns, Belfer Center for Science and International Affairs Director Meghan O'Sullivan, and partner at Oliver Wyman's Risk and Public Policy Practice Daniel Tannebaum discuss the Strait of Hormuz, on Bloomberg This Weekend.
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