Hormuz toll not a factor: Oil prices set to trade around $80, Standard Chartered says | The National
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Source: The National (UAE)
Published: 2026-07-14 23:16 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, Trade & Sanctions, Business & Economy, War & Conflict
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Snippet:
Tolls on tankers crossing the Strait of Hormuz are not a factor in oil price projections, with flare-ups in the US-Iran conflict expected to keep costs around $80 a barrel in the short term, Standard Chartered has said.
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