Will oil prices ever truly return to ‘normal’?

The fallout from war between the United States, Israel and Iran has dominated global oil markets. And not just because the Strait of Hormuz, which normally carries about 20% of global oil and gas, remains effectively closed to shipping traffic. Deep uncertainty about how long the disruption will continue has added a persistent “risk premium”
The post Will oil prices ever truly return to ‘normal’? appeared first on Asia Times.Asia TimesRead More