Gartman: $200 Oil 'Laughable' Even if Iran Blocks Gulf

12:00 AM ET Thu, 19 July 2012

In this "Fast Money Halftime" excerpt, investor Dennis Gartman rejects a suggestion by Taylor Woods Capital Beau Taylor, speaking at the CNBC/Institutional Investor "Delivering Alpha" conference, that oil could hit $200 per barrel if there is military conflict in the Persian Gulf.