Oil Prices Could Soar to US$125 This Summer If Hormuz Stays Closed

Listen up, folks! Ninety One is warning us that if the Strait of Hormuz stays closed, oil prices could rocket to a jaw-dropping US$125 a barrel this summer! With a staggering 12 million barrels a day missing, we’re in for a wild ride of rising prices and a frantic search for fuel alternatives. Get ready for a summer of gas price gymnastics!

Quick rundown

1.Oil prices could hit $125 if the Strait of Hormuz stays closed.

2.A 12 million barrel per day deficit is shaking the oil market.

3.Summer demand could make oil prices skyrocket.

4.The Strait of Hormuz is a vital oil transit chokepoint.

5.High oil prices could impact consumer spending and inflation.

Middle East LNG Chaos Sparks U.S. Energy Comeback
Middle East LNG Chaos Sparks U.S. Energy Comeback
Listen up, folks! The Middle East is throwing a tantrum in the LNG world, causing imports to Asia to hit a seven-year low! With 25% of global supply disrupted, prices are skyrocketing! But here comes the U.S., ready to save the day like a true champion. ADNOC is investing big bucks in the U.S. gas game. The future? It’s a wild ride, but The Rock says it’s time to electrify the energy scene!
07:10 am on Friday, 1 May, 2026

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