Oil Executives Warn Hormuz Turmoil Could Last Years, Not Months
🛢️ MARKETS — Industry insiders aren't pricing a ceasefire. They're pricing a new normal. 📌 LOOK CLOSER: When executives — not analysts — signal multi-year disruption, capital allocation shifts: upstream investment freezes, refinery configs lock in alternatives, and long-term contracts reprice. This hardens the $100+ floor structurally. For Europe, already absorbing winter energy costs, a years-long horizon removes the recovery assumption governments built budgets around.
