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Axios

Oil's worst-case scenario: $200 if Hormuz remains closed

Oil Jason Bordoff Kevin Book Iran Strait Strait of Hormuz United States

Oil prices could surge to an unprecedented $200 a barrel if the Strait of Hormuz remains closed, analysts warn.

Why it matters: President Trump is weighing ending the U.S. war on Iran without reopening the strait — raising the once-unthinkable prospect that this key energy artery could stay shut indefinitely.

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