Hormuz Stalemate Raises Risk of $120 Oil
A market tipping point could arrive by late September or early Q4 if Hormuz flows remain restricted, potentially sending crude prices toward $120–140 per barrel as inventories run down.
A market tipping point could arrive by late September or early Q4 if Hormuz flows remain restricted, potentially sending crude prices toward $120–140 per barrel as inventories run down.