Another week gone by with the promise of an Iran-US deal that reopens the Strait of Hormuz still not agreed upon, but also ostensibly imminent. Hope for a deal has combined with substantial demand destruction in domestic transportation markets in Europe and China to pull Brent crude down to USD94.09/bbl even as global inventories continue to draw down.

Read | Eastspring’s CIO Views Weekly Bulletin

Vis Nayar

Vis Nayar is the Chief Investment Officer and a member of the Executive Management Committee at Eastspring Investments. Vis spearheads Eastspring’s investment platform encompassing equities, fixed income, multi asset and quantitative solutions, and oversees investment offerings across markets.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.