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Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target

Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target
MarketWatch Tuesday 30 June 2026, 09:23 UTC By Steve Goldstein 1 min read
Key Points

The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next.

The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next. [Image text:] MSC REEF MONROVIA
Hormuz (LOCATION) Morgan Stanley (ORG) The Strait of Hormuz (LOCATION)
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