WS #12602
Strait of Hormuz transits remain 90% below normal, analysts warn oil could hit $200/barrel, and US SPR can safely operate at 70 million barrels (below minimum levels), signaling limited strategic reserve capacity.
US-Iran Conflict and Oil Supply Disruption
Strait of Hormuz transits remain 90% below normal, analysts warn oil could hit $200/barrel, and US SPR can safely operate at 70 million barrels (below minimum levels), signaling limited strategic reserve capacity.