Oil snapped its run of recent gains, as limited progress over a deal to end the Iran war left traders parsing how much oil is crossing the Strait of Hormuz. Francisco Blanch, Head: Commodities & Derivatives Research at Bank of America, discusses the global energy crunch and commodity outlook.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-13/oil-rally-stalls-hormuz-deadlock-brings-focus-on-flows-video)