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Barrel Hormuz Oil Shock Is About to Crash Demand
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Barrel Hormuz Oil Shock Is About to Crash Demand

1 min read

The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming.

The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming. The longer the vital oil channel doesn’t reopen, trad... [263 chars]

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Source: Bloomberg.com

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