Cryptoshipmarket

Dry bulk shipping is booming again. Genco CEO John Wobensmith joins Bloomberg Open Interest to break down why this is the strongest quarter since 2022, how slower vessel speeds are quietly tightening supply, and why rising energy demand, fueled by AI and global power needs is unexpectedly driving the coal trade higher. (Corrects name of guest in description.)

Dry bulk shipping is booming again. Genco CEO Eric Fabrikant joins Bloomberg Open Interest to break down why this is the strongest quarter since 2022, how slower vessel speeds are quietly tightening supply, and why rising energy demand, fueled by AI and global power needs is unexpectedly driving the coal trade higher.

The US says a Navy ship was not hit by Iranian missiles then forced to retreat near the Gulf of Oman. Meanwhile, the White House says the US will escort any stranded ships trying to go through the Strait of Hormuz. Bloomberg's Tyler Kendall has the latest.

Shipping through the Strait of Hormuz hasn't stopped, but the cost of doing it has surged according to Marsh CEO John Doyle. He joined Bloomberg Open Interest to explain how insurers are reacting to geopolitical risk, why premiums may stay high even after tensions ease, and why cyber threats now top his list of concerns in the AI era.

The US blockade of the Strait of Hormuz is still in place as Iran says it has no plans to send diplomats to Pakistan for a second round of peace talks. Tyler Kendall has the latest from Washington.

After some optimism on Friday, Iran took control of the Strait of Hormuz again over the weekend. The US also seized a ship and Tehran fired on vessels in the area deepening the global energy crisis. Bloomberg's Julian Lee has the latest.

Oil and natural gas prices have soared after the US Navy seized an Iranian-flagged cargo ship during a chaotic weekend that saw Tehran firing at vessels and reimposing controls in the Strait of Hormuz. Bloomberg's Laura Davison and Stephen Stapczynski report on the latest.

Port of Los Angeles Director Gene Seroka says the impact of the Strait of Hormuz closure will be felt for months and he says costs will likely be passed on to consumers. He speaks on "Bloomberg Surveillance."

Energy Aspects Global Gas Head Livia Gallarati discusses energy markets amid the fragile ceasefire between the US and Iran. Speaking on Bloomberg Television, she says both oil and gas facilities will take time to ramp up. "Anything new is probably not going to be coming into the Strait [of Hormuz]. Shipowners don't have that risk appetite for now," Gallarati says. Asked whether prices will fall back to pre-war levels, she says: "I wouldn't put my money on that."

Oil markets are fluctuating between reality and expectations as disruptions in the Strait of Hormuz choke global supply. Bloomberg's oil markets reporter Mia Gindis joined Bloomberg Open Interest to break down why physical oil prices remain high despite falling futures, and how geopolitical outcomes could send prices anywhere from $90 to well above $100 per barrel.