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Rapidan Energy Group warns Strait of Hormuz closure could trigger recession rivaling 2008
Rapidan Energy Group warns a prolonged Strait of Hormuz closure could trigger a recession rivaling 2008 as Brent crude surges nearly 40% above pre-closure levels.
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nrc.nl
Opinie | Oil prices could soon rise convulsively
The present tranquility will not last.
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tass.com
World to face crisis like in 2008 if Strait of Hormuz remains closed — Bloomberg
Acccording to the analysis by Rapidan Energy Group, if the Strait reopens in July, an average oil demand reduction of 2.6 million barrels a day and the spot-market price for…
