Search This Blog

Monday, June 1, 2026

Analysts Tell OPEC+ Hormuz Disruption to Last Through Year End


Oil industry observers have told OPEC+ that supply disruption caused by the closure of the Strait of Hormuz will persist to the end of the year, even if the waterway reopens promptly.

Consultants and analysts gathered at OPEC’s Vienna headquarters for a technical meeting on Monday warned that it will take many months to return to pre-war operations, according to two attendees of the event. They asked not to be identified as the meeting was private.

https://www.bloomberg.com/news/articles/2026-06-01/analysts-tell-opec-hormuz-disruption-to-last-through-year-end

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.