CIBC: Oil Situation Going from Chokehold to Stranglehold

CIBC Private Wealth Senior Energy Trader Rebecca Babin discusses US oil settling above $100 per barrel for the first time since the start of the Iran War, and why the oil situation is moving from a 'chokehold' to a 'stranglehold.' She talks with Katie Greifeld and Bailey Lipschultz on "The Close." (Source: Bloomberg)