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JPMorgan Warns Of Oil Shock Scenario If Hormuz Remains Blocked Beyond June
"Each additional month of disruption would lift average prices by roughly $5 in 3Q26 and $15 in 4Q26, driven primarily by accelerating inventory depletion."
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newsbytesapp.com
Oil prices jump over 3% as Iran-Israel tensions flare again
Oil prices jumped over 3% on Monday as escalating strikes between Iran and Israel heightened fears of prolonged regional instability, threatening a fragile ceasefire.
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zerohedge.com
JPMorgan Warns Of Oil Shock Scenario If Hormuz Remains Blocked Beyond June
"Each additional month of disruption would lift average prices by roughly $5 in 3Q26 and $15 in 4Q26, driven primarily by accelerating inventory depletion."
