Business

Strait of Hormuz Reopening Faster Than Expected

Updated 2026-06-30 09:40 UTC 1 source Neutral

Morgan Stanley predicts the Strait of Hormuz will reopen faster than anticipated. This development could significantly impact oil prices and global trade, as the strait is a critical passage for crude oil shipments.

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MarketWatch

Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target

The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next.

2026-06-30 09:23 UTC