What happens to oil prices if the Strait of Hormuz is blocked in Iran conflict?

Name: What happens to oil prices if the Strait of Hormuz is blocked in Iran conflict?
Uploaded: 2026-03-06
Duration: 1 min 20 s
Description: The Strait of Hormuz covers about 20% of global oil and gas, says the Atlantic Council's Landon Derentz. If traffic through the Strait is restricted, 'there will be a meaningful energy price response, but that takes time,' he said.

Atlantic Council

The Strait of Hormuz covers about 20% of global oil and gas, says the Atlantic Council's Landon Derentz. If traffic through the Strait is restricted, 'there will be a meaningful energy price response, but that takes time,' he said.