Thursday: Oil up as Strait of Hormuz stays blocked

APR 22, 20267 MIN
5 in 5 with ANZ

Thursday: Oil up as Strait of Hormuz stays blocked

APR 22, 20267 MIN

Description

Donald Trump extends the Iran ceasefire and US earnings are strong, so stocks are up, but the strait of Hormuz remains blocked, so oil is up too. And Bank Indonesia holds, but says rates could rise to support its currency. In our deep-dive interview, ANZ Head of Asia Research Khoon Goh looks at how Singapore’s economy was placed heading into the oil price shock. Before accessing this podcast, please read the disclaimer at ⁠https://www.anz.com/institutional/five-in-five-podcast/⁠