The worst case has lasted six months. Oil is at $89.
In mid-March 2026, the Strait of Hormuz had been shut for two weeks and Brent traded above $106. FGE was talking about a $150–200 range. Macquarie put the odds of…
In mid-March 2026, the Strait of Hormuz had been shut for two weeks and Brent traded above $106. FGE was talking about a $150–200 range. Macquarie put the odds of…