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Warning summer holidays are under threat with oil markets nearing ‘red zone’
We are facing the largest energy shock in living memory, the energy boss warned
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cryptobriefing.com
Iran war accelerates depletion of global oil stocks ahead of travel season
Brent crude tops $100 as the Iran war disrupts Strait of Hormuz oil flows. G7 releases 400M barrels from reserves ahead of peak travel season demand.
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cnbc.com
Oil market could enter ‘red zone’ by July as stocks dwindle ahead of summer travel season, IEA chief says
IEA Executive Director Fatih Birol said the single most important solution to the Iran war energy shock is the unconditional reopening of the Strait of Hormuz.
