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Oil Prices Not Rising Despite Rising Geopolitical Tensions

12 mins·07:00, 11 Jan 2024
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Oil Prices Not Rising Despite Rising Geopolitical Tensions

12 mins
·
07:00, 11 Jan 2024
·

Guest: Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

With increased tensions in the Middle East and shipping companies avoiding the Red Sea, oil prices logically should be on the rise. However, that has not been the case. Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank explains why.

Image credit: Shutterstock.com

Presenter: Wong Shou Ning, Keith Kam, Anwar Mahbob

Producer: Mike Gong

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