OilPrice · · 1 min read

Goldman Sachs Warns Strait of Hormuz Traffic May Never Fully Recover

Tanker traffic via the Strait of Hormuz may never fully recover to pre-war levels thanks to alternative routes that oil producers in the Middle East have tapped amid the crisis, Goldman Sachs analysts have warned. According to them, oil flows from the chokepoint could only recover to 70% of pre-war

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