thanewsx — Crypto, Finance, Technology & World News

StanChart Sees Higher Oil Floor as Hormuz Crisis Spreads to Saudi Export Routes

Oil prices eased from recent highs but stayed elevated as investors assessed widening Middle East conflict risks and awaited a pivotal U.S. Federal Reserve decision. Standard Chartered warned that attacks on Saudi export infrastructure, including a shutdown of the East-West pipeline, raise the floor for oil prices by increasing supply-route vulnerability.

thanewsx — Crypto, Finance, Technology & World News

StanChart Sees Higher Oil Floor as Hormuz Crisis Spreads to Saudi Export Routes

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