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Crisis in the Middle East: impact on oil prices

Mornings with Simi

English - January 03, 2020 20:16 - 7 minutes - ★★★★★ - 1 rating
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Higher oil prices in the wake of a US air strike in Iraq that killed a top Iranian general are threatening higher fuel prices for consumers in Canada. Analysts say the attack and Iranian threats of reprisals serve as a reminder to energy markets that there is a geopolitical risk to oil from the Middle East and that's what's making prices rise. 

Guest: Joe McMonigle, Energy policy analyst for Hedgeye Risk Management
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Higher oil prices in the wake of a US air strike in Iraq that killed a top Iranian general are threatening higher fuel prices for consumers in Canada. Analysts say the attack and Iranian threats of reprisals serve as a reminder to energy markets that there is a geopolitical risk to oil from the Middle East and that's what's making prices rise. 


Guest: Joe McMonigle, Energy policy analyst for Hedgeye Risk Management

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