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Michael Heath

Bloomberg News (editor)
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NeutralOil & Gas hedged · 2026-07-22
On the collapsed US-Iran memorandum of understanding over the Strait of Hormuz and an 11th night of strikes; he notes Trump said walking away now would have been 'very successful, but they're not going to be doing that' @66:20, and Houthis threatening any ship calling at Saudi ports widens the conflict.
“And until one side buckles, I guess, it's just going to be an escalation, but not back to as bad as where we were. So it looks like it's going to persist for some time yet.”
Michael Heath · Bloomberg News (editor) · Bloomberg ↗

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