Citigroup Warns Strait of Hormuz Closure Through Early 2027 Could Trigger 1970s-Style Oil Crisis

GateNews
According to Citigroup, if the Strait of Hormuz remains closed by early 2027, an oil shock comparable to that of the 1970s could occur. The warning highlights potential supply disruptions in a critical global energy corridor.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments