Global oil supply: Iran may use threat of closing Strait of Hormuz...

Global oil supply: Iran may use threat of closing Strait of Hormuz as leverage only; analysts say markets remain in surplus

Posted

Despite Iran's repeated threats to close the Strait of Hormuz, a vital chokepoint for global oil, analysts believe an actual shutdown is unlikely, viewing it as a diplomatic tactic. Global oil markets are prepared for potential disruptions, with ample supply and rising US shale production.

Read Full Article

Please log in to like, share and comment!

National

Govt sensitive to reducing damage from road accidents: CM Karki

MORANG: Koshi Province Chief Minister Hikmat Kumar Karki has said that the provincial government...

By 0 7

Entertainment

Salman's bodyguard pushes Junaid Khan at SZP screening

At the 'Sitaare Zameen Par' screening, Salman Khan and Shah Rukh Khan showed their support for...

By 0 8

Entertainment

PC reveals daughter Malti has started school in New York

Priyanka Chopra Jonas shared insights into her daughter Malti Marie's vibrant personality and...

By 0 8

Entertainment

Dhanush's 'Kuberaa' aims over Rs 10 crore on day 1

Dhanush's film Kuberaa premiered in theaters. The film received positive feedback from viewers....

By 0 8

Entertainment

Kuberaa movie review

Kuberaa is not your usual commercial potboiler—and that’s precisely what makes it...

By 0 8