Diesel Prices May Stay High for Months as Hormuz Disruption Drags
If the Strait of Hormuz stays closed, elevated fuel costs could persist for months or years, not weeks.
#Geopolitical Risk
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2 posts tagged with this topic.
If the Strait of Hormuz stays closed, elevated fuel costs could persist for months or years, not weeks.
June Brent crude bounced between $103 and $107 per barrel Friday morning on Iran ceasefire speculation before closing up 0.3%.