Why the Strait of Hormuz Shock Sent Oil Toward $120 — and Why It Didn’t Stay There

The 2026 Strait of Hormuz crisis jolted oil markets because a partial disruption at a tiny chokepoint can reprice energy worldwide. Here’s how selective passage, risk premiums, shi

Courseasy Team

Mar 26, 2026

File under:

Economics
Oil prices
Strait of Hormuz
Inflation
Global trade
Energy markets

Why the Strait of Hormuz Shock Sent Oil Toward $120 — and Why It Didn’t Stay There

The 2026 Strait of Hormuz crisis jolted oil markets because a partial disruption at a tiny chokepoint can reprice energy worldwide. Here’s how selective passage, risk premiums, shi

Written by

Courseasy Team

Published on

Mar 26, 2026

File under:

Economics
Oil prices
Strait of Hormuz
Inflation
Global trade
Energy markets

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