Ziemba: Iran Looking to Monetize & Weaponize Hormuz

Oil steadied after falling more than 3% in previous sessions following early progress in peace talks over the Iran war. A US waiver allows some sales from Iran, offering them a crucial economic lifeline. Rachel Ziemba, Founder of Ziemba Insights… Oil steadied after falling more than 3% in previous sessions following early progress in peace talks over the Iran war. A US waiver allows some sales from Iran, offering them a crucial economic lifeline. Rachel Ziemba, Founder of Ziemba Insights spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the energy markets response to the US-Iran talks. (Source: Bloomberg)