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Oil Spikes as Gulf Crisis Disrupts Supply — Russia Benefits
Published 7 months, 2 weeks ago
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Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
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Oil prices are climbing as tanker traffic through the Strait of Hormuz drops nearly 95%, forcing refineries to shut down and raising fears of a global economic shock. Experts warn crude could surge toward $150 a barrel if Gulf exports halt. Despite sanctions, Russia may emerge as a major winner by selling oil to countries like India while global energy prices soar.
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
Oil prices are climbing as tanker traffic through the Strait of Hormuz drops nearly 95%, forcing refineries to shut down and raising fears of a global economic shock. Experts warn crude could surge toward $150 a barrel if Gulf exports halt. Despite sanctions, Russia may emerge as a major winner by selling oil to countries like India while global energy prices soar.