Global energy prices remain elevated following a statement released on Thursday by Iran’s new Supreme Leader. In the message, he vowed to keep the Strait of Hormuz closed, escalating concerns over energy supply disruptions.
Laura Sanicola, senior writer for Barron’s, joined “The Daily Report” to discuss the implications of this development on global markets and energy prices.
https://www.cbsnews.com/video/oil-prices-climb-ayatollah-mojtaba-khamenei-statement-says-strait-of-hormuz-will-stay-closed/