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How oil traders called the Middle East war

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Manage episode 492029024 series 2284658
Content provided by Topher Forhecz and Financial Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Topher Forhecz and Financial Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

When Iran attacked a US airbase in Qatar – a response to strikes on its nuclear facilities – many feared a global war may be imminent. But there was one market that didn’t break a sweat: oil. It’s typically a commodity that surges at the first sight of conflict in the Middle East. This time though, oil traders bet that the conflict involving Iran, Israel and the US would be short-lived. The FT’s energy editor Malcolm Moore explains how traders called the outcome correctly.


Clips from ABC News, Al Jazeera, Associated Press, CBS News, Fox 9 Minneapolis St Paul, ITV News, KTLA 5, NBC News


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For further reading:

How oil traders called the Middle East conflict

Fuel and fury: energy becomes a Middle East battlefield

Why oil traders are watching the Strait of Hormuz

Why is the oil price not surging?


- - - - - - - - - - - - - - - - - - - - - - - - - -


Follow Malcolm Moore (@MalcolmMoore) and Saffeya Ahmed on X (@saffeya_ahmed), or follow Saffeya on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

271 episodes

Artwork
iconShare
 
Manage episode 492029024 series 2284658
Content provided by Topher Forhecz and Financial Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Topher Forhecz and Financial Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

When Iran attacked a US airbase in Qatar – a response to strikes on its nuclear facilities – many feared a global war may be imminent. But there was one market that didn’t break a sweat: oil. It’s typically a commodity that surges at the first sight of conflict in the Middle East. This time though, oil traders bet that the conflict involving Iran, Israel and the US would be short-lived. The FT’s energy editor Malcolm Moore explains how traders called the outcome correctly.


Clips from ABC News, Al Jazeera, Associated Press, CBS News, Fox 9 Minneapolis St Paul, ITV News, KTLA 5, NBC News


- - - - - - - - - - - - - - - - - - - - - - - - - -


For further reading:

How oil traders called the Middle East conflict

Fuel and fury: energy becomes a Middle East battlefield

Why oil traders are watching the Strait of Hormuz

Why is the oil price not surging?


- - - - - - - - - - - - - - - - - - - - - - - - - -


Follow Malcolm Moore (@MalcolmMoore) and Saffeya Ahmed on X (@saffeya_ahmed), or follow Saffeya on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

271 episodes

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