Fitch: Strait of Hormuz closure has lasted 14 weeks and is assumed to begin reopening only in July. Fitch raises its 2026 average Brent crude assumption to $87/bbl from $70/bbl in March.

2026-06-04

Fitch: Strait of Hormuz closure has lasted 14 weeks and is assumed to begin reopening only in July. Fitch raises its 2026 average Brent crude assumption to $87/bbl from $70/bbl in March.