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Oil prices spike amid supply crisis from Strait of Hormuz disruption, causing prolonged market volatility.

Market News
13 Aug 2026
Seeking Alpha
View Source
Neutral
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The oil market has shifted from being driven by demand to being driven by supply, causing extreme price volatility and rapid inventory depletion. The 2026 crisis at the Strait of Hormuz has stopped 27% of global crude oil flow, forcing prices to ration demand with limited flexibility. Even after the Strait reopens, it will take months or years for the market to normalize, indicating prolonged disruption and elevated price risks for investors and consumers alike.

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