Why Oil’s Not at $200 After the Biggest Supply Shock in History - Bloomberg.com
business 2026/06/06 12:00:00

Why Oil’s Not at $200 After the Biggest Supply Shock in History - Bloomberg.com

Source:Bloomberg
Author:Devika Krishna Kumar, Alex Longley, Yongchang Chin, Mia Gindis

For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be a global economic catastrophe.