# Vandana Hari

Worst-Case Oil Shock Looms as Strait of Hormuz Incident Threatens Global Supplies

Following US and Israeli strikes on Iran and an IRGC ban on transit through the Strait of Hormuz, the global oil market faces the risk of a large supply shock. Analysts warn that prolonged disruption—especially if Saudi infrastructure were targeted—could send crude above $100 a barrel and push LNG back to 2022 highs, with wide economic consequences.