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

added a post in Business

2025-06-19 16:31:14 -

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

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.

0 Comments 0 Shares 48 Views 0 Reviews