JP Morgan sees oil price growing to $150, if Hormuz closed for another month
Published by WarSignal Editorial · Last updated
According to the chief economist Bruce Kasman, a scenario in which the strait remains closed for an additional month would be consistent with constraints on industrial consumers of energy supply
This developing story from the Strait of Hormuz region is being tracked by international intelligence monitors. The situation remains fluid and additional details are expected as correspondents on the ground file updated reports.
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