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  4. Iran’s Hormuz blockade threatens oil supply, IEA warns of market underestimation

Iran’s Hormuz blockade threatens oil supply, IEA warns of market underestimation

Iran’s Hormuz blockade threatens oil supply, IEA warns of market underestimation
Crypto
5 months ago 564 Views 05 Comment 1.5k Share

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IEA chief Fatih Birol says markets are underestimating the Strait of Hormuz closure’s impact. Crude oil hitting $90 by June 30 is at 75% YES. Birol’s warning comes as Iran’s blockade of the Strait… [+1104 chars]

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