
Phil Dobbie discusses the implications of Trump's blockade on Iranian oil and its effects on oil prices and tech stocks with Ray Attrill.
Tuesday 14th July 2026 NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB President Trump posted overnight that the US would blockade Iranian oil and charge shipping a 20% levy on the value of their cargo to help them through the Strait. As Phil discusses with NAB’s Ray Attrill it is a curious move for someone wanting to see oil price lower – it had the opposite effect, pushing oil up over 9 percent, even though many might discount it as just another Trump negotiating tactic. Tech stocks have taken a hit too. The focus today will be on US CPI, with the Fed’s Christopher Waller sounding increasingly hawkish. Tonight we’ll also get a flush of US bank quarterly earnings. Hosted on Acast. See acast.com/privacy for more information.
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