Post by Julius Baer

Name: Where are oil prices headed and why didn’t they spike as much as expected after the disruption to th
Uploaded: 2026-06-19T07:51:04.150Z
Channel: Julius Baer
Description: Where are oil prices headed and why didn’t they spike as much as expected after the disruption to the Strait of Hormuz? Jason Bordoff, Founding Director, Center on Global Energy Policy, Columbia Univ

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Where are oil prices headed and why didn’t they spike as much as expected after the disruption to the Strait of Hormuz? Jason Bordoff, Founding Director, Center on Global Energy Policy, Columbia University and Norbert Rücker, Head of Economics and Next Generation Research explains why strategic reserves, spare production capacity, rerouting options, and inventory cushions all act as shock absorbers. They also discuss why oil prices may decline over time. ➡️ Watch more from the webcast here: https://ow.ly/1E1Q50ZevpE #MarketInsights

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