📰 **Oil markets could be a month away from the moment of truth. Brace for a ‘non-linear’ price spike and panic buying, analysts warn**

Oil prices could top $130-$140 a barrel next month if the strait remains closed and inventory depletion rates remain steady, according to Capital Economics.

🔗 https://fortune.com/2026/05/16/oil-markets-crude-non-linear-price-spike-panic-buying-inventories-iran-hormuz/

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