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Project News Details

Title:

Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report

Detail:

A prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, according to a Wood Mackenzie report.

Country:

India

Source:

ET Energy World

Published Date:

21.05.2026

URL:

View Original URL

Regions:

Asia SAARC Countries South Asia

Sectors:

Non-Renewable Energy Oil and Gas Railways-Rail-Railroad Construction Energy-Power and Electrical Computer Hardwares and Consumables

Project News Details

Title	Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report
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Detail	A prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, according to a Wood Mackenzie report.
Country	India
Source	ET Energy World
Regions	Asia SAARC Countries South Asia
Sectors	Non-Renewable Energy Oil and Gas Railways-Rail-Railroad Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date	21.05.2026
Original Url	Original Url
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Title
Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: Report
Detail
A prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, according to a Wood Mackenzie report.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Non-Renewable Energy Oil and Gas Railways-Rail-Railroad Construction Energy-Power and Electrical Computer Hardwares and Consumables
Published Date
21.05.2026
Original Url
View Original Url
Share

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