Trump has 'very few' options to keep energy prices down in the short term, analyst says
Speaking with FRANCE 24's Sharon Gaffney, Peter McNally, Global Head of Sector Analysts at Third Bridge, says that "the duration of the outage in the Middle East is going to be the biggest factor" in the G7's decision to tap into strategic oil reserves, adding that US President Donald Trump has "very few" options to keep energy prices down in the short term "other than to make demand go lower".
Speaking with FRANCE 24's Sharon Gaffney, Peter McNally, Global Head of Sector Analysts at Third Bridge, says that "the duration of the outage in the Middle East is going to be the biggest factor" in the G7's decision to tap into strategic oil reserves, adding that US President Donald Trump has "very few" options to keep energy prices down in the short term "other than to make demand go lower".
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