$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock
- Posted on March 1, 2026
- By CNBC
- 3 Views
$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock
Energy analysts are bracing for a possible oil supply shock after U.S. strikes on Iran reignited fears of disruptions in the Strait of Hormuz.
