World Bank warns 25% oil surge
- The World Bank flagged that a blockade or disruption in the Strait of Hormuz could lift crude prices sharply, citing supply shock risks. (x.com) - The briefing tied that vulnerability to escalating U.S.–Iran tensions, Iran’s IRGC wartime powers and rejected nuclear proposals — a mix raising market risk. (x.com) - Traders and policy makers are watching energy routes and sanctions exposure as the payoff could be roughly a 25% jump in oil if shipping is constrained. (x.com)