The Strait of Hormuz has introduced a permanent risk premium into the global oil market, fundamentally altering price dynamics for crude and diesel. Despite some recent drops from March highs, experts like John Kingston warn that supply won&#x27;t snap back quickly. ⁠Follow the FreightWaves Today Podcast⁠ ⁠Other FreightWaves Shows⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

The Strait of Hormuz Now Carries Permanent Risk Premium

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Sehr gut, sehr gut, sehr gut Sehr gut? Wieso Steuer ist sehr gut? Das sagen ganz viele Cool, wer sagt das? Stiftung Warentest, Computerbild, Focus Money, Chip, Finanztipp, such dir was aus Mega, aber das ist doch bestimmt kompliziert Nö, einfach Foto von der Lohnsteuerbescheinigung machen und fertig Klingt sehr gut Ist sehr gut Hol dir dein Geld zurück mit Wieso Steuer But just in case we can go back over it John Kingston, he's going to be talking about oil markets as well as Diesel and the Strait of Hormuz

We're going to have some different conversations about the AAR rail numbers as well And then Diane Hutzel, she is coming live to us from my alma mater, the Knoxville area I'll just leave it at that, if you know, go vaults She's going to be in Knoxville talking to us about the St. Christopher Truckers Fund On again, the lifeline, keeping drivers afloat when illness takes them off the road

So this is going to be one heck of a second hour here on Freight Waves today All right, with that, we are going to welcome John Kingston in and talk a little bit about oil and what's happening Brent crude oil still high, diesel still high We expect it to continue to fall, I'm guessing, as we seek resolution with Iran But give us an update, John Well, they're termed

Brenton and diesel are way down from their highs on the commodities markets that were recorded in March And they're certainly way down And diesel alone Diesel alone is down like 30 cents in the last couple of days A little higher this year But now the fun starts Now the fun, which is What's going to dominate here? This morning, the International Energy Agency Which is...

The Strait of Hormuz Now Carries Permanent Risk Premium

Read the full transcript

The candid version is on a podcast,
not the earnings call.

The Strait of Hormuz Now Carries Permanent Risk Premium

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.