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Middle East Attacks Increase Uncertainty Over Oil Flow
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Mark Esper, former US Defense Secretary, says the US controls the Strait of Hormuz, but Iran can still influence how much traffic moves through it by threatening ships, insurers and crews. Mattie Duppler, Founder and President of Forward Strategies and spokesperson for The Ledger Project, says a rate hike is more likely than not after the latest CPI report came in modestly higher than expected. Rep.…
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