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Stewart Livingston Wallace

Bloomberg News (executive editor, Middle East, North Africa and Russia)
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BearOil & Gas leaning · 2026-07-21
After 10 nights of strikes he notes two more tankers were attacked overnight off the UAE and Oman ('clearly there's no decline in Iran's ability to continue to threaten shipping' @6:19). On the Houthi Red Sea threat: 'it's a big deal. Assuming it happens' @6:50 and 'it's something the market needs to pay a lot of attention to' @7:43. Bloomberg staff analysis rather than a guest, filed because he takes an explicit directional view on the threat's persistence.
“it's very hard to see going forward how many more nights of U.S. military attacks will it take before that capability is eliminated completely. One would think that it might be almost impossible.”
Stewart Livingston Wallace · Bloomberg News (executive editor, Middle East, North Africa and Russia) · Bloomberg ↗
WTI crude since this was said: +2.4% · 84.91 → 86.95 · as of 2026-07-22

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