Why the Latest Oil Rally May Be Far From Over

The dual disruption of Hormuz and Bab el-Mandeb is tightening global oil flows, raising transport costs and fueling expectations of $100 oil.

Why the Latest Oil Rally May Be Far From Over

Image: oilprice.com

The dual disruption of Hormuz and Bab el-Mandeb is tightening global oil flows, raising transport costs and fueling expectations of $100 oil. Friday, July 24, 2026 The double blockade of the Strait of Hormuz and the Bab el-Mandeb has turbo-boosted oi... [5184 chars]
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