Fed Official Says Global Energy Demand May Need to Fall if Hormuz Stays Shut
Low Severity
Asia
Iran
Date OccurredMay 27, 202616:31 UTC
Event TypeMaritime & Logistics
SourcegCaptain
RecordedMay 27, 2026
Full Description
The world may need to find a way to get by on less oil and gas if the Strait of Hormuz remains closed much longer dueto the U.S.-Israeli war on Iran, Dallas Federal Reserve President Lorie Logan said