Miner Company
Hormuz oil shock too large for markets to absorb, could lead to global recession: Analyst
Commodity Context's Rory Johnston says markets are likely looking at a price hike of $2 to $3 a barrel per day everyday until the strait of Hormuz is open but warns a jump of 10 to $15 a barrel territory if oil infrastructure is hit in which case Asia markets will be the worse hit.
Commodity Context's Rory Johnston says markets are likely looking at a price hike of $2 to $3 a barrel per day everyday until the strait of Hormuz is open but warns a jump of 10 to $15 a barrel territory if oil infrastructure is hit in which case Asia markets will be the worse hit.