EIA forecasts crude oil prices could rise $20/bbl if Strait of Hormuz remains closed through June

EIA forecasts crude oil prices could rise $20/bbl if Strait of Hormuz remains closed through June

A prolonged closure of the Strait of Hormuz could exacerbate global inflation, strain import-dependent economies, and heighten market volatility. The post EIA forecasts crude oil prices could rise $20/bbl if Strait of Hormuz remains closed through June appeared first on Crypto Briefing.

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