Remember the oil shock?
When the fighting closed the Strait of Hormuz this spring, the predictions were apocalyptic. Thirteen thousand flights canceled. Britain, we were told, was days from its last shipment of jet fuel. Analysts penciling in $200 oil, and a few of the louder ones going even higher.
Read Full Article: https://www.lewrockwell.com/2026/08/no_author/who-canceled-the-oil-apocalypse/
