Wald: Middle East Risks Keep Oil’s Risk Premium in Place

0 October 12, 2026 19:46

Ellen Wald, president of Transversal Consulting and nonresident senior fellow at the Atlantic Council Global Energy Center, says she sees no recent move by the president that could materially bring down oil prices. She says short-lived dips driven by statements or social media have not lasted, and the market has largely shed expectations that the conflict will soon end. Wald says oil-market buffers built up over the prior six months are nearly exhausted, while reported oil flows through the Strait of Hormuz—including ship-to-ship transfers—may not be sustainable. She speaks with Joe Mathieu on Bloomberg’s "Balance of Power."
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