The Hormuz Shock: JPMorgan Quantifies the Biggest Oil Supply Crisis in History
With 16 million barrels per day effectively frozen out of global markets, JPMorgan’s commodity team lays out the arithmetic of an unprecedented disruption — and why policy can cushion but not cure the damage. When JPMorgan’s head of commodity strategy, Natasha Kaneva, sat down to model the fallout from a war involving Iran and the […]