PANews reported on March 2 that JPMorgan Chase stated that even if the passage through the Strait of Hormuz is only disrupted for 3-4 weeks, it could force Gulf Cooperation Council member states to shut down oil production and push Brent crude prices above $100 per barrel.
JPMorgan Chase: If passage through the Strait of Hormuz is disrupted for 3-4 weeks, crude oil prices could be pushed up to over $100 per barrel.
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Author: PA一线
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