Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz
Posted
July 7, 2026
Views
11,683
Likes
135
Comments
21
Engagement
July 7, 2026
11,683
135
21
1.34%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Episode Timeline
Every episode in order around the one you’re watching — click any card and the page flips straight to it.
3:32Now PlayingOil nudged higher following attacks on shipping in and around the Strait of Hormuz, highlighting continued risks to vessels in the critical waterway.
Brent traded near $73 a barrel. A laden liquefied natural gas carrier, Al Rekayyat, was hit by a projectile near the Omani coast as it exited the waterway. Axios reported that two vessels were hit and suffered damage.
The world’s biggest shipping trade group said transits through Hormuz may dip after the latest incidents, though there will still be shipowners willing to take the risk of crossing. A convoy of vessels, including oil tankers, appeared to be making its way along the Oman route on Tuesday.
Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk the uncertain oil market during the ongoing conflict in Iran.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Saturday & Sunday 7am-10am ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
