Apr 25, 2026
The Hormuz Billion-Barrel Oil Shock Is About to Crash Demand
(Bloomberg) -- The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming.Most Read from BloombergGoogle Plans to Invest Up to $40 Billion in AnthropicUS Reduces Marijuana Restrictions in Lift to Ailing IndustryMeta Tells Staff It Will Cut 10% of Jobs in Push for EfficiencyInside Alex Cooper’s Unwell: Tears, Screaming and Employees Looking for the ExitChina to
(Bloomberg) -- The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming.Most Read from BloombergGoogle Plans to Invest Up to $40 Billion in AnthropicUS Reduces Marijuana Restrictions in Lift to Ailing IndustryMeta Tells Staff It Will Cut 10% of Jobs in Push for EfficiencyInside Alex Cooper’s Unwell: Tears, Screaming and Employees Looking for the ExitChina to