BofAML's Blanch Sees 'Big Run in Oil Prices' If Trade Tensions Relax

The video discusses the complex geopolitical landscape involving US-Iran relations, the JCPOA, and the impact of these tensions on the oil market. It explores the effects of trade wars on the global economy, particularly between the US and China, and how these dynamics influence the energy sector. The discussion also covers potential shifts in global supply chains due to ongoing trade disputes and technological competition, highlighting the challenges and opportunities within the energy market.

How might geopolitical stability affect the energy sector according to the discussion?

What are the implications of a potential split in global supply chains as discussed in the text?

What are the potential outcomes for oil prices if trade tensions are resolved?