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Citi spells out 3 scenarios for the Strait of Hormuz — and where oil prices would go in each

  • Posted on April 21, 2026
  • By CNBC
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  • 1 min read
Citi spells out 3 scenarios for the Strait of Hormuz — and where oil prices would go in each
Citi spells out 3 scenarios for the Strait of Hormuz — and where oil prices would go in each

Citi wrote that global crude inventories are set to reach their lowest levels in eight years by the end of June, even if the conflict were to end this week.
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CNBC

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