Francisco Blanch, global head of commodities research at Bank of America Merrill Lynch, and Lori Calvasina, head of U.S. equity strategy at RBC Capital Markets, examine what U.S. sanctions on Iran and the trade war with China mean for the global oil market. They speak on "Bloomberg Daybreak: Americas." More from Bloomberg.com - Cruise Ship Plows Into Tourist Boat in Venice - Wall Street Warns of Mounting Recession Risk From Trade War - China Demands Respect and Blames U.S. for Trade Talks Flop Read BofAML's Blanch Sees 'Big Run in Oil Prices' If Trade Tensions Relax on bloomberg.com