# House View Daily | Oil’s path is not a one-way Strait

Page: https://stenobird.com/podcast/ubs-on-air-house-view-2992249/house-view-daily-oil-s-path-is-not-a-one-way-strait-2
Text version: https://stenobird.com/podcast/ubs-on-air-house-view-2992249/house-view-daily-oil-s-path-is-not-a-one-way-strait-2.md
Podcast: [UBS On-Air: House View](https://stenobird.com/podcast/ubs-on-air-house-view-2992249)
Published: 2026-06-26T11:07:08+00:00
Episode link: https://www.ubs.com/content/dam/podcasts/wma/on-air/in-the-now/House View Daily_ 26 June 2026 (1).mp3
Audio file: https://www.ubs.com/content/dam/podcasts/wma/on-air/in-the-now/House View Daily_ 26 June 2026 (1).mp3
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JSON: https://stenobird.com/v1/public/podcasts/ubs-on-air-house-view-2992249/episodes/house-view-daily-oil-s-path-is-not-a-one-way-strait-2
Duration seconds: 622

## Resource

While oil may stay under pressure in the near term, we expect prices to recover over the coming months, as the normalization of traffic through the Strait of Hormuz and the recovery of shut-in production may prove slower than expected. We continue to see value in broad commodity exposure in a portfolio context.

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## Transcript

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