https://www.politico.com/news/2026/06/04/oil-price-spike-white-house-hormuz-00949435
Friday, June 5, 2026
Oil industry warns Trump administration of price spikes within weeks - POLITICO
The oil industry is warning the Trump administration that a Hormuz-sized hole in the world’s petroleum market is steadily draining inventories to levels that are likely to send global energy prices surging in the next several weeks, according to four executives.…
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