# Why Middle East Oil Risks Now Exceed US-China Tensions

https://mins.news/en/video/80786

- Bloomberg Television, 2026-09-30 18:08 UTC
- Economy
- Original: https://www.youtube.com/watch?v=JwqJh7qiT4Y

> IIF Deputy Chief Economist Ashok Bhundia says shrinking oil and diesel inventories near the Strait of Hormuz pose a more urgent global danger than US-China strategic competition. He warns that high crack spreads are fueling cost-push inflation and could cause a sudden market shock.

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