Javier Blas on Why Oil Could Go Much, Much Higher

2026-04-01 · 41 min · 13 entities

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→ appeared on Odd Lots podcast

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Javier Blas on Why Oil Could Go Much, Much Higher
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mentioned News Commentary concept

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discusses Business concept

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discusses News concept

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discusses Investing concept

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Feed category: Investing
discusses News Commentary concept

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discusses Business News concept

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Javier Blas on Why Oil Could Go Much, Much Higher

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appeared on Odd Lots podcast

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Javier Blas on Why Oil Could Go Much, Much Higher

Episode description as stored

Oil has shot up by a lot since the start of war with Iran. But it could still get much worse. So far, the massive disruption (due to the closure of the Strait of Hormuz) has been cushioned by the drawing down of inventories and distributions from strategic stockpiles. Meanwhile, there is some oil still on tankers that has yet to be delivered. According to Bloomberg Opinion columnist Javier Blas, the potential remains for oil to go much, much higher. On this episode, we speak with Javier about the scale of the shock, why the pain is extraordinarily high in East Asia, how this compares to past oil shocks, and what the world would look like if Iran retains control of the Strait. Read more: Oil Falls on Signs From US, Iran of Openness for War Resolution Trump’s God Squad Exempts Gulf Drilling from Endangered Species Protections Only http://Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots Subscribe to the Odd Lots Newsletter Join the conversation: discord.gg/oddlots See omnystudio.com/listener for privacy information.