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Oil Prices Jump Amid Strait of Hormuz Impasse

Oil prices have jumped significantly due to an ongoing impasse over the reopening of the Strait of Hormuz. Experts warn that a failure to open the strait by the end of August could lead to a 2008-level 'train wreck' scenario for oil markets.

22 May, 09:11 — 22 May, 19:40
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The Story

Analyzing sources…

Source Diversity

Source Diversity

Moderate (27/100)
2 sources— more sources would strengthen this score15/33
Spectrum spread2/5 buckets covered8/33
Far L1
Far Left (1)
NYT
Left
Center1
Center (1)
marketwatch
Right
Far R
Geographic diversity1 region4/34
US2
All sources from US region
Only 2 sources cover this story