← All stories
Markets

BofA: Hormuz Needs 10 Times More Ships to Stabilize Oil Markets

1 source ·1 article ·1h ago

Bank of America (BoFA) is warning that oil prices could continue climbing into the winter if the U.S. and Iran fail to reach an agreement reopening the Strait of Hormuz, with severe shortages already emerging in diesel, gasoline and global…

Covered by 1 outlet

All coverage · 1 article