US President Donald Trump’s blockade on the Strait of Hormuz has impacted global energy markets, with the price of crude oil shooting past $100 a barrel.
DW spoke to Rory Johnston, Founder of Commodity Context, on why the price of crude oil might not reflect actual supply shortages, and why prices might continue to climb.
#oilprices #oilmarkets #straitofhormuz #dwcurrentaffairs
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