Oil Normalization to Take 'A Long Time,' Ashford Says

Emily Ashford, head of energy research at Standard Chartered, discusses energy markets as hopes rise for a US-Iran deal to open the Strait of Hormuz. "The market's hoping that we see maybe just a short-term pressure release valve," she tells Bloomberg Television. Ashford adds that pace of normalization in oil markets will still take "a long time." (Source: Bloomberg)