This post was originally published on this site.This is a direct confirmation of the price path our own coverage has been pointing toward, with Citi effectively conceding its earlier timeline for a Hormuz resolution was too optimistic rather than abandoning the resolution thesis altogether. The 5 dollar upward revision to the Q3 number is modest relative to the scale of disruption we have been reporting, including the recent tanker strike in the US-backed southern corridor, which suggests Citi still sees the current elevated flows through the strait’s southern lane as broadly sustainable rather than at serious risk of a full...
BlockchainAugust 10, 2026August 10, 2026
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