EIA SAYS IF STRAIT OF HORMUZ IS SHUT THROUGH LATE JUNE, CRUDE OIL PRICES WOULD BE $20/BBL HIGHER THAN CURRENT FORECAST THAT ASSUMES REOPENING IN LATE MAY

2026-05-13

EIA SAYS IF STRAIT OF HORMUZ IS SHUT THROUGH LATE JUNE, CRUDE OIL PRICES WOULD BE $20/BBL HIGHER THAN CURRENT FORECAST THAT ASSUMES REOPENING IN LATE MAY