Oil Markets Brace for Prolonged Crisis as Piper Sandler Warns Strait of Hormuz Not Opening Soon - Tekedia

Piper Sandler warned the Strait of Hormuz may stay largely closed for months, not reopen quickly.

Escalating U.S.-Iran tensions, military strikes, and falling vessel traffic point to a prolonged shipping disruption.

Because the strait is a key oil route, the blockage could keep oil prices elevated and squeeze global supply.

Persistent disruption would raise fuel costs and add inflation pressure for consumers, markets, and central banks.