Baker Hughes Assumes Strait of Hormuz May Remain Closed Until Mid-2026
Baker Hughes assumes the Strait of Hormuz may not fully reopen until the second half of 2026, citing ongoing U.S.-Iran tensions. A Dallas Fed survey found 80% of oil and gas executives believe the strait will not reopen until August or later, signaling persistent geopolitical risks for oil and LNG markets.
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Topics: Baker Hughes Geopolitical Risk Oil Prices Strait of Hormuz U.S.-Iran Conflict