About this episode
Phil Dobbie and Rodrigo Catril discuss the escalation of the U.S. naval blockade and its economic implications.
Friday 24th April 2026 NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NAB NAB’s Rodrigo Catril joins Phil to discuss a significant escalation in the U.S. naval blockade, which has now expanded into the Indian Ocean with the seizure of tankers carrying Iranian oil. This move follows the earlier strikes in the Gulf and indicates a broadening of the conflict's reach, which has seen S&P 500 and Nasdaq close lower, and oil prices pushing higher, The discussion also highlights a stark economic divergence reflected in the latest Flash PMIs: while the U.S. continues to show resilience with both manufacturing and services remaining above 50, the Eurozone and UK have slumped deeper into contractionary territory. Hosted on Acast. See acast.com/privacy for more information.
People in this episode
Host: Phil Dobbie
Guest: Rodrigo Catril
Topics covered
- U.S. naval blockade
- Iranian oil
- economic divergence
- Flash PMIs
- S&P 500
- oil prices
- Eurozone contraction
Keywords
- U.S. naval blockade
- Iranian oil
- economic divergence
- Flash PMIs
- S&P 500
- oil prices
- Eurozone
- UK
Mentioned in this episode
Organizations: NAB
Places: U.S., Indian Ocean, Gulf, Eurozone, UK
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