Analysis: A new oil shock is building. The next few weeks of war will be decisive for the economy.
[ad_1] The clock is ticking on the U.S.-Israeli war in Iran. The emerging view from oil industry executives and analysts is that the economic and market fallout from the war could escalate sharply if the Strait of Hormuz isn’t reopened within roughly the next one to three weeks. Even then, enough damage may have been done […]
Oil giants raise the alarm over energy shortages as Iran war drags on
[ad_1] Wael Sawan, chief executive officer of Shell Plc, at the CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 24, 2026. Bloomberg | Bloomberg | Getty Images A trio of European energy CEOs has sounded a warning over energy supplies, amid the ongoing conflict in Iran and restricted access through the […]