BUSINESSFINANCIAL TIMES WORLD
Oil industry faces ‘gruesome’ demand shock from Iran crisis
The oil industry is experiencing a significant demand shock due to the Iran crisis. The reopening of the Strait of Hormuz is unlikely to happen quickly or fully.
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- JPM's Lakos: Dwindling Oil Inventories Could Force Reopening of Hormuz
- Prolonged Strait of Hormuz closure would cause oil prices to surge, experts warn
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