Name: Oil Tops $100 as Iran Vows to Escalate War, Trump Says US Will Win
Uploaded: 2026-09-10T06:45:38+00:00
Duration: 2734 s

Speakers

Paul Wallace — Team Leader/Senior Editor, Bloomberg

Carole — CEO, Crystal Energy

Deepak Mehra — Chief Economist, Commercial Bank of Dubai

Winnie Hsu — Bloomberg Reporter (Asia Markets)

Richard Windsor — Founder, Radio Free Mobile

Donald Trump — President of the United States

Oliver Crook — Chief European Correspondent, Bloomberg

Summary

Brent crude holds above $100 as U.S.-Iran war rhetoric escalates and Hormuz supply risks keep energy prices elevated. Treasury yields rise to multiyear highs on buyback disappointment and inflation concerns, while the ECB is expected to hike. Guests discuss oil volatility and geopolitical risk premium, defend U.S. equity resilience, flag a potential yen reversal around the BOJ, and take a lukewarm view on Apple after its foldable iPhone launch.

Brent crude holds above $100 as Iran signals readiness to escalate and Hormuz supply risks persist.
Paul Wallace sees consensus that Hormuz is effectively closed for months, possibly into 2027, supporting energy prices.
Carole says oil has no clear floor or ceiling and the geopolitical risk premium is significant.
Deepak Mehra argues a Fed rate hike would be a mistake and thinks U.S. equities can stay resilient despite 5% Treasury yields.
Asian equities fall with tech leading losses; BOJ rate hike expectations put the yen reversal risk in focus.
Apple unveils a foldable iPhone, but Richard Windsor is not particularly interested in Apple as an AI/tech play.
The ECB is expected to raise rates by 25 basis points as energy-driven inflation concerns build.

Ideas

Paul Wallace Team Leader/Senior Editor, Bloomberg 7:26

Hormuz closure keeps oil prices pressured.

Oil has no reliable floor or ceiling at this stage because the move is driven by geopolitics, not fundamentals; the geopolitical risk premium is significant and prices can spike higher or fall sharply when tensions ease, so investors should brace for volatility.

Deepak Mehra Chief Economist, Commercial Bank of Dubai 20:12

U.S. equities resilient despite yields.

He rejects the view that a 5% 10-year Treasury yield or a Fed rate hike would force a real equity pullback; earnings growth is the strongest in five and a half years and equity markets are on their own trip, so U.S. equities should remain resilient.

Winnie Hsu Bloomberg Reporter (Asia Markets) 27:09

Yen may reverse if BOJ disappoints.

Markets price around a 90% chance of a BOJ rate hike next week, but the key risk is the vote count, tone and forward guidance; if the BOJ disappoints, the yen's recent strengthening trend could reverse.

Richard Windsor Founder, Radio Free Mobile 36:59

Apple not attractive AI/tech play.

Apple's foldable iPhone is only about 2% of global volume and unlikely to significantly encroach on Android; while the market sees a small upgrade cycle, Apple does not offer substantial value as a technology/AI play, Apple Intelligence remains beta and Android/Gemini AI is superior, so he is not particularly interested in Apple stock.

This Bloomberg Markets video, published September 10, 2026, features Paul Wallace, Deepak Mehra, Winnie Hsu, Richard Windsor discussing BNO, SPY, FXY, AAPL. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Paul Wallace, Deepak Mehra, Winnie Hsu, Richard Windsor · Tickers: BNO, SPY, FXY, AAPL

Oil Tops $100 as Iran Vows to Escalate War, Trump Says US Will Win

Summary

Ideas

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