Oil Price Crash
Search documents
Why an Oil Price Crash Could Be Imminent Despite the Iran War
Cointelegraph· 2026-03-16 21:04
I did not expect that we'd have the first ever closure straight on Hormuse, but that's happened. We're hearing about some supply constraints and bottlenecks of supply from the Middle East and the strait, but that's 20%. The the vast majority of the incremental increasing supply versus demand is in North America, most notably US.This is going to increase that widening disparity um and ultimately make prices go back down. But that's a key thing to remember about crude oil. It's one of the most world's most au ...