With Hormuz reopened, has the oil shortage turned into a glut? Post author:mck Post published:July 2, 2026 Post category:Blog As flow resumes through the strait, an oil surplus may yet again destabilise global energy markets. You Might Also Like US Could Raise Tariffs To 15% This Week, Old Rates May Return In Five Months March 4, 2026 Sri Lanka declares emergency as floods wreak havoc across Colombo November 30, 2025 LIVE: Palestinians return to destroyed Gaza homes as Israel ceases fire October 11, 2025