Adam Farrar

Senior Geo-Economics Analyst, Bloomberg Economics
@AdamFarrar3 · tracked since Mar 2026
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Apr 21
$126.26
+11.8%
Strait of Hormuz risks boost oil prices.
Insecurity and instability in the Strait of Hormuz due to geopolitical tensions lead to higher insurance costs for shipping, reduced willingness of shippers to operate, and cautious energy production in the Gulf, all of which constrain oil supply and put upward pressure on oil prices, straining the global economy and inflation.
Energy
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