June 26, 2026

1970s-style oil shock loading? Crude may hit $100 if Strait of Hormuz shuts amid Middle East tensions – what it means

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Global oil markets are preparing for potential supply disruptions after US airstrikes on Iran over the weekend revived concerns that shipments through the Strait of Hormuz could be affected.

Global oil markets are preparing for potential supply disruptions after US airstrikes on Iran over the weekend revived concerns that shipments through the Strait of Hormuz could be affected.

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