The Iran war energy crisis is just getting started - Reuters
The Iran war energy crisis is just getting started - Reuters
Source: Reuters
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DW NOTE
The Strait of Hormuz is moving 9 vessels a day two months after it supposedly reopened, versus 12 in a normal August and 40+ before the crisis. Oil at $92 is the market pricing in permanent supply loss, not temporary disruption. When a chokepoint carrying 20% of global oil never returns to normal flow, you don't have an energy crisis that's "getting started" — you have a repricing of energy scarcity that's already well underway.