Strait of Hormuz and Global Oil Prices: Shocks, Inventories, and Supply Flows | Energy Shots

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Geopolitical shocks in critical chokepoints can send ripple effects through global energy markets. One of the most important of these chokepoints is the Strait of Hormuz, where a significant portion of the world’s oil supply passes each day. In this episode of Energy Shots, Joseph Majkut and Kevin Book examine how markets might respond to a disruption in the Strait of Hormuz and what factors actually determine the impact on oil prices. They break down the relationship between supply shocks, g…