Oil Traders Warn of Empty Market as Hormuz Shuts Again

Oil traders are expressing concern that the market is nearing depletion of stockpiles, which previously served as buffers during the Iran war, as the key Strait of Hormuz waterway closes once more.

15 Jul, 13:02 — 15 Jul, 13:02

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FTVery High48d ago

Oil traders warn market is close to running on empty as Hormuz shuts again

Stockpiles that acted as shock absorbers early in Iran war are running low as key waterway closes once more

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Oil Traders Warn of Empty Market as Hormuz Shuts Again

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Oil traders warn market is close to running on empty as Hormuz shuts again

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