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What Remained of the Calm Oil Market During the Crisis in the Strait of Ormuz. Prices Did Not Reach the Alarming Predicted Rates

Summary by Digi 24
One of the biggest enigmas of the global economy is why the oil market remained so calm during one of the worst supply shocks in history, CNN writes.

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One of the biggest enigmas of the global economy is why the oil market remained so calm during one of the worst supply shocks in history, CNN writes.

·Romania
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The world so far avoided the serious oil crisis of the season that operators feared would be triggered after the closure of the Strait of Ormuz, with oil prices remaining below $100 a barrel despite the fact that there is no indication that energy flows through the crucial step are returning.

·Argentina
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El Cronista broke the news in Argentina on Tuesday, June 9, 2026.
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