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Posts tagged as “hormuz”

Biggest ‘black swan’ event for oil markets is disruption in the Strait of Hormuz – expert

Biggest ‘black swan’ event for oil markets is disruption in the Strait of Hormuz – expert The biggest black swan event in the oil market is a disruption to the most critical chokepoint in the Middle East, according to an analyst from S&P Global Platts. “The market is extremely exposed to any disruption to vessel traffic in the Strait of Hormuz,” Dave Ernsberger, the firm’s global head of commodities pricing, told CNBC’s “Capital Connection” Thursday. The Strait of Hormuz is…

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