World nears oil operational floor, $200/b without Hormuz deal

World nears oil operational floor, $200/b without Hormuz deal

The International Energy Agency has made its May report free to download, and the news is not good for the second and third quarters of this year, i.e. April-September. The IEA hopes things will look up in the fourth quarter, but premises that expectation on an early end to the US conflict with Iran and a reopening […] The post World nears oil operational floor, $200/b without Hormuz deal appeared first on Asia Times.

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