Hormuz Blockade Removes 20M Barrels Daily, Driving Oil Volatility to Crisis Levels
The Iran-US conflict has triggered the largest oil supply disruption on record, with the Hormuz blockade cutting 20 million barrels per day from global markets. WTI crude prices and Oil VIX are spiking as the crisis cascades across commodities from fertilizers to industrial metals, prompting defensive portfolio shifts into mining equities and hard assets.
ViaNews Editorial Team (Finance)•