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Strait of Hormuz will partially reopen in 2-3 weeks: David Roche

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Quantum Strategy's David Roche says global oil reserves can sufficiently support demand and that 'the world won't run out of oil,' easing long-term supply concerns. He argues Iran cannot afford further escalation and is unlikely to militarily close the Strait of Hormuz, reducing near-term geopolitical risk to oil flows.

Analysis

Quantum Strategy's David Roche says global oil reserves can sufficiently support demand and that 'the world won't run out of oil,' easing long-term supply concerns. He argues Iran cannot afford further escalation and is unlikely to militarily close the Strait of Hormuz, reducing near-term geopolitical risk to oil flows.

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