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Video: Oil itching for a major price spike after US withdrawal from Iran deal

ANZ Senior Commodity Strategist Daniel Hynes weighs in on the price of oil in the wake of the U.S. withdrawing from the accord to curb Iran’s nuclear program. He speaks on “Bloomberg Daybreak: Asia.”

Just where are oil prices going??

Has a ceiling been set for this year, and how will regional uncertainty affect prices?

Watch video here.

Also:

Read: Is Aramco playing the oil Trump card to boost IPO valuation?

Related: Could Saudi relax its drive towards reforms as oil prices near $80 mark?

Read: Here’s how Brent oil prices will reach $80 before year end