Why Oil’s Not at $200 After the Biggest Supply Shock in History - Bloomberg.com

By Devika Krishna Kumar, Alex Longley, Yongchang Chin, Mia Gindis | Published: Jun 06, 2026

For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be a global economic catastrophe. Its now been more than three months since the waterway was effecti… [+208 chars]