This week Gary focuses on the impact of the events in Iran on the markets. With around 20% of the world’s oil and liquified natural gas (LNG) flowing through the Strait of Hormuz, there’s been a surge in oil prices, which could have an inflationary impact.

In this week’s episode of 7 Market Movers, Doug Huber covers labor market updates and the latest unemployment reports; emerging markets performance; geopolitical updates from Iran and Greenland and the impact on commodities. He also dives into the impact of tensions in Iran on oil prices, including a decline of around 4% on Thursday.