WD WDS Woodside Energy Group Ltd Loading... : Bullish and Bearish Analyst Opinions

"I'm afraid to say the sky is the limit... 20% of oil flows globally come out of the Strait of Hormuz... people across Asia, the refiners are starving for oil." The physical closure of the Strait of Hormuz and attacks on Middle Eastern energy infrastructure have created an immediate, severe supply bottleneck. Energy producers and LNG exporters located outside the conflict zone (such as US shale producers and Australian energy companies) will capture massive pricing premiums as global refiners scramble for secure supply. LONG oil proxies and non-Middle East energy producers. A sudden diplomatic breakthrough or US military intervention that rapidly reopens the Strait of Hormuz and floods the market with trapped supply.

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