JPMorgan warns of potential oil crisis if Strait of Hormuz remains blocked past June. Bank flags risk of supply disruption in key chokepoint.
JPMorgan warns of a potential oil crisis if the Strait of Hormuz remains blocked past June.
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Qatar Energy announces new oil discovery offshore Namibia, per company statement.
Qatar Energy announces a new oil discovery offshore Namibia, according to a statement.
EIA expects Strait of Hormuz oil shipments to resume in Q3 2026, with full recovery to pre-war levels only in early 2027. Kalshi traders see 52% chance of normal traffic before Oct 1.
EIA now expects Strait of Hormuz oil shipments to resume in Q3 2026, but pre-war traffic levels won't return until early 2027. Kalshi traders disagree: 52% chance of normal traffic before Oct 1, 2026.
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