CL1! If threats to the Strait of Hormuz escalate on Monday, June 16th, 2025, oil prices are expected to surge sharply in response to heightened market fears—even if the strait remains technically open. Analyst Projections:
Goldman Sachs warns that a severe scenario involving a blockade or credible threat to the Strait could push prices above $100 per barrel.
CL1! Oil prices will remain elevated for a while because of Israel-Iran war fears. Inflation data prints are going to be very interesting this summer when you combine Trump tariffs and now this...