EIA Short-Term Energy Outlook: If the Strait of Hormuz remains closed until the end of June, crude oil prices will be $20 per barrel higher than the current forecast assuming it reopens at the end of May.

2026-05-13

EIA Short-Term Energy Outlook: If the Strait of Hormuz remains closed until the end of June, crude oil prices will be $20 per barrel higher than the current forecast assuming it reopens at the end of May.