Strait of Hormuz closure: Why high oil prices may be a temporary shock only - explained

Jun 9, 2026 - 14:30
Strait of Hormuz closure: Why high oil prices may be a temporary shock only - explained

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“Oil prices will be lower if Hormuz reopens earlier. Uncertainty remains high regarding the timing of Hormuz reopening, and oil prices will remain volatile as a result,” Fitch says.

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