If this 20% from Hormuz really takes shape, oil prices may soar, and the conflict risks Citi mentioned aren’t just meant to scare people.

View Original
CoinNetwork
Trump’s Hormuz toll plan sparks concerns over oil supply risks
Trump plans to impose a 20% tariff on goods transiting the Strait of Hormuz, or may threaten global oil supply; signals of shipping disruption could raise costs and overturn earlier profit expectations. Analysts say that if implemented, per-barrel shipping costs would increase by about $16. Citi warned that this could increase the risk of escalation in near-term military conflicts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned