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Oil

Hormuz tanker tensions fail to ignite the oil markets

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Listen: Hormuz tanker tensions fail to ignite the oil markets

Tankers have been seized, drones downed, and warships scrambled but oil prices have barely registered the escalating tension in the Persian Gulf. S&P Global Platts reporters Robert Perkins and Emma Thomas discuss with Joel Hanley the factors keeping a lid on prices, and why values on crude oil and jet fuel are not soaring just yet.