Book Sees Oil Risk If Iran Conflict Broadens
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Kevin Book, Managing Director at ClearView Energy Partners, says oil prices are headed higher as renewed US strikes against Iran raise fresh risks around flows through the Strait of Hormuz. He says a move back toward $120 a barrel would likely require a broader escalation, including damage to civilian infrastructure or regional production. Book also discusses potential Russia sanctions and their impact on energy markets. He speaks with Joe Mathieu and Kailey Leinz on the late edition of Bloomberg's "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://
Tags: Centcom, Clearview Energy Partners, Crude Oil, Donald Trump, Economy, Gas, Gas Prices, Iran, Joe Mathieu, Kailey Leinz, Kevin Book, Oil, Sanctions, Shipping, Strait of Hormuz, Ukraine, War, White House, missile strikes, oil prices
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