Jun. 23 at 12:27 PM
$BP $OXY $PBR $NAT $STNG
Bloomberg explains:
If oil flows through the Strait of Hormuz were to drop by half for a month, and remained 10% lower for another 11, Brent would spike briefly to as much as
$110 a barrel, analysts including Daan Struyven said in a note. Should Iranian supply fall by 1.75 million barrels a day, Brent would peak at
$90.
Goldman Sachs warns Brent crude could rise over
$100 per barrel if Strait of Hormuz is disrupted
https://www.theguardian.com/business/live/2025/jun/23/oil-price-imf-iran-strikes-stock-markets-business-live-news-updates