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Video · ▼ Bearish · 1 source confirmed · 2026-09-02 18:03 UTC

Wright & Wirth on Venezuela Oil Push | Open Interest 9/2/2026

Why it matters

Escalation in US-Iran hostilities over Strait of Hormuz raises supply disruption fears, likely pushing oil prices higher and increasing geopolitical risk.

Details

Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." It’s all about oil. An escalation in US-Iran hostilities over the Strait of Hormuz puts energy markets on edge and raises fears of a return to all-out war. US Energy Secretary Chris Wright and Chevron CEO Mike Wirt

Related assets & topics

Chevron · CVXEnergyWTI Crude Oil · CL=FOil

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