A closure of the Strait of Hormuz through August raises the risk of an economic downturn that comes close to the scale of the Great Recession in 2008, according to Rapidan Energy Group.
Macro Bloomberg May 21, 2026
Hormuz Closure Threatens Recession Rivaling 2008, Rapidan Says
A closure of the Strait of Hormuz through August raises the risk of an economic downturn that comes close to the scale of the Great Recession in 2008, according to Rapidan Energy Group.
