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Anas Alhajji: Hormuz crisis expected to reshape energy markets toward higher costs and diversification

Anas Alhajji: Hormuz crisis expected to reshape energy markets toward higher costs and diversification
Hormuz crisis to reshape energy markets

Energy economist and market analyst Anas Alhajji said the Hormuz crisis is expected to reshape energy markets, making them more costly and diversified.

Alhajji previously reported that Brent crude traded above $109, with oil importers paying higher final prices. He also noted that tensions in Hormuz and Saudi Arabia could signal a recession. Both developments were cited alongside weak global economic growth.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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