ECB governing council member NAGEL said there are no signs of easing in the foreseeable future. He added that even if the Strait of Hormuz reopens quickly, oil supply would still take months to return to normal.

2026-06-15

ECB governing council member NAGEL said there are no signs of easing in the foreseeable future. He added that even if the Strait of Hormuz reopens quickly, oil supply would still take months to return to normal.