Business Daily

The Iran war oil shock: Is there worse to come?

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Synopsis

When the Iran war and the Strait of Hormuz's closure disrupted global oil supply, some experts predicted crude oil prices as high as $150, or even $200 per barrel. That hasn't happened. Why not? And is it because the way the global oil markets work mean the pain for households and businesses is still to come?Presenter: Ed Butler Producer: Josh Martin