If the Strait of Hormuz is closed, oil prices may rise up to $ 5

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-Friday 2025/07/11 - 21:27
News Code:19826
اگر تنگه هرمز بسته شود، قیمت نفت ممکن است تا ۱۲۰ دلار هم صعود کند

If Iran's oil exports are disrupted, oil prices may reach $ 2. 

  If Iran's oil exports are disrupted, oil prices may reach $ 2.  In this case, OPEC may use its storage capacity.

In a worse scenario, if the Strait of Hormuz is closed, oil prices may rise up to $ 5, as about one -third of the oil exports cross the route, and OPEC's extra capacity is in the area.

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