Oil executives, analysts, major banks, and even Reuters are now all reporting the same thing

Oil executives, analysts, major banks, and even Reuters are now all reporting the same thing: the full impact of the Strait of Hormuz closure has not yet been felt, and it's coming. Expect major price spikes in energy right as the summer driving season is starting and inventory…pic.twitter.com/VqxAadDgAm

— Chris Martenson (@chrismartenson)May 11, 2026

Source: SGT Report