Just a few days ago, the United States and Iran were once again engaged in military action over Iran’s effort to exert control over the Strait of Hormuz energy transit chokepoint. Yet oil prices continue to trade near their prewar levels, around $70 a barrel. Are oil markets too complacent about the global supply of […]
Just a few days ago, the United States and Iran were once again engaged in military action over Iran’s effort to exert control over the Strait of Hormuz energy transit chokepoint. Yet oil prices continue to trade near their prewar levels, around $70 a barrel. Are oil markets too complacent about the global supply of […]
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