"We continue to expect that most of the demand destruction required to clear..."

Analysts warn record inventory drawdowns, collapsing Hormuz exports, and rising summer fuel demand are tightening markets far faster than expected.

The heads of the International Monetary Fund, World Bank and International Energy Agency have warned that prolonged disruption to shipping through the Strait of Hormuz could…

"We continue to expect that most of the demand destruction required to clear..."

Goldman warns of potential supply shock from Strait of Hormuz disruptions. Crude oil reaching a new all-time high by September 30 at 21.5% YES.

Goldman Sachs says soaring oil prices are already eroding global demand, partially offsetting supply shortages but creating significant uncertainty for crude prices later this…

Analysts and policymakers warn that oil and gas traffic through the Strait of Hormuz may not return to pre-war levels.