Oil market one month from crunch point as global stockpiles dwindle
Traders warn of further jump in prices and ‘huge pain’ as economies cut consumption
Related reading
The oil price crunch is looming
The longer the Strait of Hormuz blockade continues, the more likely a crisis-like adjustment in rich economies becomes
Oil prices in the driving seat as energy shock upends global markets
Investors are picking winners and losers based on economies’ exposure to inflationary surge
How the oil shock might spread
Measures undertaken by vulnerable economies may be only the start of things to come
Markets should pay heed to the affordability squeeze
Political pressure in response to public anxiety will demand policy responses
Global oil reserves plunge at record pace as Middle East war strains supplies
Stocks near 8-year low ahead of summer travel season despite collapse in demand
European stocks and government bonds fall as oil price climbs
Energy shock intensifies fears that global economy faces prolonged period of higher inflation