This map shows a crude ticking time bomb that hits much of the world’s oil supply in April

What Happened

Disruptions in the flow of oil through the Strait of Hormuz over the past four weeks will unleash a “sequential” shock to global supplies that’ll run from east to west with much of the world taking a hit by April, according to strategists at J.P.

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Background Context

Disruptions in the flow of oil through the Strait of Hormuz over the past four weeks will unleash a “sequential” shock to global supplies that’ll run from east to west with much of the world taking a hit by April, according to strategists at J.P. Morgan.

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Source: MarketWatch.com – Top StoriesOriginal Link

Source: MarketWatch.com – Top Stories

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