Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
- Posted on June 10, 2026
- By Fortune
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- 1 min read
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
As the Strait of Hormuz remains closed for the fourth month, “one development stands out: prices have become remarkably calm,” JPMorgan analysts said.
