Oxford study sees 2022-level price shock in potential Hormuz closure

Jun 23, 2025 - 18:00
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Oxford study sees 2022-level price shock in potential Hormuz closure
A new report from the Oxford Institute for Energy Studies (OIES) suggests that while a closure of the Strait of Hormuz remains unlikely, any prolonged disruption would have major implications for global LNG supply and prices—potentially repeating the severe market shock seen in 2022.