Hormuz Strikes Whipsaw Oil as Asia Braces for Summer Demand | Insight with Haslinda Amin 05/26/2026
Speakers
Sarah Emerson
— Founder and President, ESAI Energy
Andrew
— Bloomberg Energy & Commodities Editor
Garfield Reynolds
— Markets Reporter/Editor, Bloomberg
George Alexander Muthoot
— Managing Director, Muthoot Finance
Summary
The video covers the impact of U.S. strikes on Iranian targets in the Strait of Hormuz, driving oil price volatility. Analysts discuss the fragility of the ceasefire, the lengthy timeline for supply restoration, and the risk of higher oil prices ahead of summer demand. Also covered are the Quad foreign ministers' meeting in New Delhi and the growth of gold loan demand in India.
- U.S. forces struck Iranian targets in the Strait of Hormuz, whipsawing oil markets.
- Sarah Emerson argued the oil price decline is premature and expects upside into the 90s.
- Supply chain restoration from a Hormuz reopening could take 4-8 weeks.
- Hot summer forecasts for Asia and Europe may drive competitive bidding for LNG.
- Quad foreign ministers met in New Delhi to reaffirm cooperation amid U.S.-China tensions.
- India's gold loan demand is rising as households monetize gold amid high prices and tighter import rules.
- Muthoot Finance discussed its funding mix including domestic banks and international bonds.
- Taiwan's stock market overtook India as the fifth-largest globally, driven by TSMC.
Trade Ideas
Oil upside into 90s due supply disruption
The recent drop in oil price is premature because the Strait of Hormuz has not reopened, supply chain restoration will take 4-8 weeks, and summer demand is approaching. This should push oil prices into the 90s until supply reaches destinations.
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