• Piper Sandler expects disruption across the Strait to persist for months.
  • The bank warns reduced commercial traffic could push oil prices to new highs for the year.
  • The warning comes after U.S. conducted “self-defense” strikes in Southern Iran

https://www.cnbc.com/2026/05/26/piper-sandler-says-strait-of-hormuz-to-remain-closed-for-months-and-oil-to-hit-new-highs.html

 

Why anyone would care what Piper Sandler thinks was not made clear in the article…….…..??