The ‘best case scenario’ for reopening Strait of Hormuz in near term


S&P Global Energy President Dave Ernsberger joins Yahoo Finance Anchor Julie Hyman at the CERAWeek 2026 conference to discuss how a prolonged shutdown of the Strait of Hormuz could drive oil prices (CL=F, BZ=F) sharply higher, with ripple effects reverberating across the global economy.

CERAWeek is S&P Global’s annual energy conference.



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