‘The vulnerable spot’: Disruption in the Strait of Hormuz would be greatest ‘black swan’ event in years for oil markets – S&P ...News

The growing hostilities between the United States and Iran have raised concerns about the possibility of disruption to a key shipping route in the Gulf region, and about the consequences for global oil markets. According to analyst Dave Ernsberger of S&P Global, any disruption to what is probably the most vital chokepoint in the Middle East could become the largest ‘black swan’ occasion within the oil market. Ernsberger who is the firm’s global head of commodities pricing, told CNBC that “the market is extremely exposed to any disruption to vessel traffic in the Strait of Hormuz.” Also on rt.com

Hence then, the article about the vulnerable spot disruption in the strait of hormuz would be greatest black swan event in years for oil markets s p was published today ( Sunday 12/01/2020 - 12:30 PM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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