Why Middle East Oil Risks Now Exceed US-China Tensions

Fecha de publicación: 30 de septiembre de 2026, 3:35

IIF Deputy Chief Economist Ashok Bhundia argues that dwindling oil and diesel inventories around the Strait of Hormuz present a more urgent global risk than US-China strategic competition. He warns that elevated crack spreads are driving cost-push inflation and could trigger a sudden market shock.…