Oil Prices Don’t Reflect Scale of Supply Hit, Analysts Say
Oil prices don’t fully reflect the largest supply disruption ever, after the Iran war effectively closed the Strait of Hormuz, some of the market’s top analysts said.
Strait of Hormuz blockade continues
- Gulf aluminum shipments stuck as Strait of Hormuz blockades put a strain on supply NPR —
- UN Agency Prepares Hormuz Evacuation Plan for Hundreds of Ships Bloomberg —
- UN agency prepares Hormuz evacuation plan for hundreds of ships The Straits Times —
- Scam messages offering ships safe transit through Hormuz, security firm warns Middle East Eye —
- Beware scam messages offering ships safe transit through Hormuz Strait, says security firm The Straits Times —