Oil Eases, Dollars React: What the Strait of Hormuz Reopening Means for Markets episode artwork

EPISODE · Apr 17, 2026 · 13 MIN

Oil Eases, Dollars React: What the Strait of Hormuz Reopening Means for Markets

from The MUFG Global Markets Podcast · host MUFG EMEA

News that the Strait of Hormuz has been reopened by Iran has helped push Brent crude oil back below the USD 90pbl level. Derek Halpenny, Head of Research Global Markets EMEA & International Securities speaks to Matthieu Gloux Head of Global Client FX Sales about the implications for the US dollar and monetary policy if this re-opening proves lasting.

News that the Strait of Hormuz has been reopened by Iran has helped push Brent crude oil back below the USD 90pbl level. Derek Halpenny, Head of Research Global Markets EMEA & International Securities speaks to Matthieu Gloux Head of Global Client FX Sales about the implications for the US dollar and monetary policy if this re-opening proves lasting.

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Oil Eases, Dollars React: What the Strait of Hormuz Reopening Means for Markets

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This episode was published on April 17, 2026.

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News that the Strait of Hormuz has been reopened by Iran has helped push Brent crude oil back below the USD 90pbl level. Derek Halpenny, Head of Research Global Markets EMEA & International Securities speaks to Matthieu Gloux Head of Global Client...

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