PolitiFact: Could a disruption in the Strait of Hormuz drive up oil and gas prices in the US?

Sky-high oil prices are about to hit Puerto Rico’s grid

The war in the Middle East has spurred the largest oil disruption in history . The Strait of Hormuz, a choke point for much of the world’s oil and gas supply, is functionally closed . Oil prices are hovering around $100 a barrel. Many Americans are seeing the fallout in the form of higher prices at the gas pump. But…

PolitiFact: Could a disruption in the Strait of Hormuz drive up oil and gas prices in the US?

PolitiFact chief correspondent Lou Jacobson discusses why the Strait of Hormuz is critical to the global oil supply and options the U.S. has to offset disruptions.

Oil and the Strait of Hormuz: How commodity hedge funds are navigating the biggest supply shock in a generation

The Iran conflict has sent crude prices surging, split hedge fund performance and reignited the debate over commodities as a strategic allocation. Hedgeweek examines what the disruption means for the sector. The closure of the Strait of Hormuz – the narrow waterway through which roughly a fifth of the world’s oil supply passes – has triggered the most severe supply disruption in the modern history of global energy markets. Since US and Israeli s…