Glickman: $100 Crude Oil "Speed Bump" to Steeper Prices if U.S-Iran War Worsens

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"$90 a barrel is tolerable for the global economy," says Stewart Glickman when referring to crude oil prices, though he believes consistency above $100 will create substantial pressure. He adds that even current prices aren't sustainable long-term. Stewart points to attacks on Saudi oil infrastructure as a significant headwinds to restoring previous trading volume through the Strait of Hormuz. He makes the case that heightened crude prices will opened a trap door for a recession. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroT