U.S. Strait Of Hormuz Blockade May Slash Another 2.3mbpd Oil Supply— Nomura Bank

There are growing industry fears that oil supply from the Middle East could drop by another 2.3 million barrels per day (bpd) if the U.S. were to completely block the Strait of Hormuz. “We estimate around 2.3mbpd loss of incremental oil supplies versus March 2026, and nearly 9.3mbpd loss versus March 2025 in the event […]

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