Will oil prices ever truly go back to ‘normal’?
- Written by Flavio Macau, Associate Dean - School of Business and Law, Edith Cowan University
The fallout from war between the United States, Israel and Iran has dominated global oil markets. And not just because the Strait of Hormuz, which normally carries about 20% of global oil and gas, remains effectively closed to shipping traffic.
Deep uncertainty about how long the disruption will continue has added a persistent “risk...
