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Bloomberg

Oil Price Reaction 'Reasonable,' Crystol Energy CEO Says

Crystol Energy CEO Carole Nakhle discusses the energy market as oil extended gains and traders weighed a US plan to insure and escort tankers passing through the Strait of Hormuz. "What we are seeing today has caused some disruptions," Nakhle tells Bloomberg Television. She adds that the market is "not panicking" and the increase in the risk premium is "justifiable," but that further escalations in the region could lead to a "worsening scenario when it comes to oil price."

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Bloomberg

Fahmy: GCC Pulled Into Conflict They Didn't Agree to

Gulf states are being pulled deeper into the war with Iran as Saudi Arabia, Qatar and the UAE suffer attacks on non-military targets. Tehran has struck US embassies in both Riyadh and Dubai, while airports have also been damaged. Dalia Fahmy, Director of International Relations & Diplomacy; and Associate Professor of Political Science at Long Island University spoke to Bloomberg's Horizons Middle East & Africa anchor Joumanna Bercetche on the GCC's response to the Iran strikes.

Leia mais: Fahmy: GCC Pulled Into Conflict They Didn't Agree to
Bloomberg

Jaffer: Iran War Long-Term Operation for US

US President Donald Trump has expressed concern the strikes against Iran could lead to a new leadership that's equally troubling to Washington as the regime that the US and Israel are fighting to topple. It comes as the US senate is set to vote on war powers resolution later today. Jamil Jaffer, Founder & Executive Director of the National Security Institute spoke to Bloomberg's Horizons Middle East & Africa anchor Joumanna Bercetche on the likely scenario from the US vote.

Leia mais: Jaffer: Iran War Long-Term Operation for US