Mercogliano: "Peace in Middle East" Won't Solve Long-Term Energy Headwinds

Sal Mercogliano talks about the global supply chain and how the U.S.-Iran War is impacting the global economy. He says even though we're seeing crude oil still making its way to the market, the problem is justifying the costs to cover travel. Sal covers what shipping trends to monitor and says he is not expecting volatility to cool even if "peace in the Middle East" happens tomorrow.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about