Top Oil Traders Say Billion-Barrel Shock to Echo Long After War
The impact of the Iran war will continue for months even after any deal to restore shipping through the Strait of Hormuz, the world’s largest oil traders have warned.
Some said flows through the waterway may never return to normal.
Strait of Hormuz Blockade Impacts
- Open or shut, the Strait of Hormuz may not go back to normal The Straits Times —
- Oil Rises on Strait of Hormuz Likely Remaining Closed Wall Street Journal —
- China’s shipyards secure wave of oil tanker orders as Iran war drives demand South China Morning Post —
- Oil Traders Say Billion-Barrel Hole Will Linger Long After War Bloomberg —
- Hormuz disruption raises risk of global food shock, traders warn Financial Times —