Analysts Tell OPEC+ Hormuz Disruption to Last Through Year End


The Strait of Hormuz — through which 20% of the world’s oil and gas had previously flowed — was effectively blocked at the outset of the war between a US-Israeli alliance and Iran on Feb. 28. Its closure has caused prices of key fuels like gasoline, diesel and jet fuel to soar, hitting consumers with a new wave of inflation.



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