Michalis Mathioulakis points out that “we have overestimated the impact the closure of the Strait of Hormuz would have on the global energy market. Only about 20% of the world’s oil production passes through Hormuz, so what we are seeing with prices relates entirely to market psychology”.
Click to read the interview (in Greek).
Publication:
12/03/2026
cnn.gr
Experts
Michalis Mathioulakis
Research Associate; Energy Strategy Analyst and Academic Director of the Greek Energy Forum