Analysts Warn Disruption in Strait of Hormuz Could Trigger Huge ‘Black Swan’ Event for Oil Markets

Analysts Warn Disruption in Strait of Hormuz Could Trigger Huge ‘Black Swan’ Event for Oil Markets

Several major economic powers earlier embarked on preventive measures in the event Iran closes the Strait of Hormuz – a critical seaborne oil export choke point between the Arabian Peninsula and Iran – amidst escalating tension between Washington and Tehran in the wake of the US assassination of Iranian General Qasem Soleimani.
Analysts Warn Disruption in Strait of Hormuz Could Trigger Huge ‘Black…

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