Jeff Currie, Chief Strategy Officer of Energy Pathways at Carlyle has told Bloomberg that “There is no policy response that can stop this ascent in crude – none,”. The comments came as Two oil tankers were hit in Iraqi waters, the latest in a string of attacks on ships in the Persian Gulf that are raising risks to global energy supply from the deepening Middle East war. The strikes on the vessels off the coast of Iraq prompted the nation’s oil terminals to suspend operations. The latest developments point to an increase in retaliatory action from Iran, adding to pessimism that the conflict will persist for longer. Jeff Currie spoke to Bloomberg Surveillance hosts Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern
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