Citi Sees Oil at $110 If Hormuz Disruption Lasts Another Month
Oil prices could rise to $110 per barrel if traffic in the Strait of Hormuz remains disrupted for another month, according to Citigroup.
Hormuz Blockade Economic Impact
- Malaysian sultan warns Asean staring at ‘economic crisis’ over Hormuz closure South China Morning Post —
- Soaring petrol prices to have 'huge consequences for teachers and schools' Mirror —
- Canadian Prime Minister Mark Carney says economic ties with U.S. are now a weakness 📹 ABC News —
- The World Is Paying the Price for America’s War Foreign Policy —
- Somalia faces soaring food, fuel and water prices amid Strait of Hormuz closure 📹 Al Jazeera —