Dan Murphy

CNBC International Correspondent (Dubai)
@dan_murphy · tracked since Mar 2026
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May 05
$142.88
-1.2%
Oil risk premium persists due to conflict.
Crude oil prices have embedded a persistent risk premium due to the ongoing Iran-US tension in the Strait of Hormuz and recent strikes on UAE energy infrastructure, and that premium is likely to remain firmly in place even as occasional shipping transits under US protection cause temporary pullbacks.
Energy
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