This chapter delves into the factors contributing to the surge in US crude futures to $85, including OPEC plus cuts, robust demand, and geopolitical unrest in the Middle East. It covers the Israeli attack on Iran's embassy in Syria, Iran's retaliation threats, and an insightful interview with Ted Singer on the escalating tensions in the region.
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Former CIA Senior Intelligence Officer Ted Singer shares his thoughts on the Israel-Hamas was and Iran vowing revenge on Israel after blaming it for a deadly air strike on its embassy in Syria. Bloomberg Technology Co-Host Ed Ludlow and Bloomberg News Auto Reporter Gabrielle Coppola talk about Tesla's vehicle sales miss and how cheaper cars are fueling US auto sales. Karen Davies, Executive Managing Director for Huntington Commercial Bank, discusses the economic and M&A outlook for the middle market. Alex Hirschi, Co-Founder of Supercar Blondie, explains launching an auction house for million-dollar-plus hypercars. And we Drive to the Close with Liz Young, Head of Investment Strategy at SoFi.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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