The Strait of Hormuz Now Carries Permanent Risk Premium
The Strait of Hormuz has introduced a permanent risk premium into the global oil market, fundamentally altering price dynamics for crude and diesel. Despite some recent drops from March highs, experts like John Kingston warn that supply won't snap back quickly. Follow the FreightWaves Today Podcast Other FreightWaves Shows Learn more about your ad choices. Visit megaphone.fm/adchoices
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.