Why Oil is not at $200 a barrel after the biggest supply shock in history
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Why Oil is not at $200 a barrel after the biggest supply shock in history
A slew of workarounds is keeping crude oil below $100 a barrel, defying many of the industry’s grimmest forecasts
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By Devika Krishna Kumar, Alex Longley, Yongchang Chin and Mia Gindis, Bloomberg News
Published Jun 06, 2026
7 minute read
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For decades, oil traders, executives and analysts warned that closing the Strait of Hormuz would be a global economic…
Read full article at National Post ↗
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