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0 -0.00012149339683391 0.000230837453984304 -0.000862603117520607 -0.00205323840649267 0.00352330850818255 0.00411862615266859 0.00527281342259052
Stock impact report

'Worst nightmare': Iran war is the biggest oil shock in history, analysts say [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
As the Iran war enters its fourth week, the Strait of Hormuz remains effectively closed, choking off roughly 15 million to 16 million barrels of oil per day from the market, and attacks on key energy infrastructure have disrupted refineries throughout the Gulf. Oil analysts say the conflict is unlike any other in history. The war in Iran is "incomparable" with any past oil shock, both in its scale and wide-ranging impact on the energy market, BP ( BP ) chief economist Gareth Ramsay said in comments at an industry event on Tuesday. "I don't think you really compare this with any disruption in the past," Ramsay said at CERAWeek by S&P Global, a major energy conference. The disruption of the Strait of Hormuz, he said, is "every analyst's study piece, or worst nightmare that we thought could never happen." Read more: What an extended war with Iran could mean for gas prices NY Mercantile - Delayed Quote • USD Brent Crude Oil Last Day Financ (BZ=F) Follow View Quote D Show less Read more
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