Donald Trumps ability to talk down oil prices is fading as the Iran war drags on and regional violence continues. Despite a recovery in oil flows through the Strait of Hormuz to 80%-90% of pre-war levels, Brent crude has remained above $100 a barrel as traders worry about supply security and rising shipping costs.
Ron Bousso is a Reuters Energy Columnist specializing in energy and mining, with a focus on oil and gas, energy policy and regulation, renewable energy, and commodities markets. His work encompasses various themes, including finance, energy trading, and sustainability, reflecting a deep engagement with regional and global energy issues. Ron's insights have been featured in prominent publications such as Offshore Engineer Magazine, Yahoo Finance, and The Globe and Mail.