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Patterson: For now, Iran has won the war

Bloomberg Markets Friday 13 November 2026, 15:54 UTC 1 min read
Key Points

With the Iran war appearing to de-escalate, energy-market pressure may linger. Iran could retain greater influence over the Strait of Hormuz, keeping shipping and insurance costs elevated even as oil flows resume. Charles Schwab Chief Investment Strategist Liz Ann Sonders and Council on Foreign Relations Senior Fellow Rebecca Patterson join Bloomberg Open Interest to talk about their new book “Investment Wisdom,” how higher fuel and refined-product costs may feed inflation, complicate the...

With the Iran war appearing to de-escalate, energy-market pressure may linger. Iran could retain greater influence over the Strait of Hormuz, keeping shipping and insurance costs elevated even as oil flows resume. Charles Schwab Chief Investment Strategist Liz Ann Sonders and Council on Foreign Relations Senior Fellow Rebecca Patterson join Bloomberg Open Interest to talk about their new book “Investment Wisdom,” how higher fuel and refined-product costs may feed inflation, complicate the Fed’s path and weigh on the economy. (Source: Bloomberg)
Patterson (PERSON) Iran (LOCATION) the Strait of Hormuz (LOCATION) Charles Schwab Chief Investment (ORG) Liz Ann Sonders (PERSON) Council on Foreign Relations (ORG) Rebecca Patterson (PERSON) Bloomberg Open Interest (ORG) Fed (ORG) Bloomberg (PERSON)
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