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Event Brief

JPMorgan Warns of Global Oil Shortages

JPMorgan projects imminent oil shortages affecting global markets, starting with Asia due to the Strait of Hormuz closure.
WHO: JPMorgan
WHAT: projections of oil shortages
WHEN: Mar 27, 2026 at 8:35 AM ET
WHERE: California
WHY: effective closure of the Strait of Hormuz
Sources (1): MarketWatch

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