Macquarie: If the Strait of Hormuz remains closed for several weeks, Brent crude oil prices could rise above $150
Gate News Report, March 9 — International investment bank Macquarie issued a market warning that if the Strait of Hormuz (one of the world's most important oil transit routes) remains closed for several weeks, Brent crude oil prices could surge above $150 due to production stoppages and transportation restrictions.


































