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Global oil stockpiles could hit record lows if Strait of Hormuz remains closed
The world's oil stockpiles could approach all-time lows by the end of May due to the Strait of Hormuz closure, according to UBS.
First seen · 1:25 PM UTCMay 17, 2026
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Also on this date in history
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A military plane crash in northern Laos kills 17 people.
Milestone2010
Pamir Airways Flight 112 crashes in Afghanistan's Shakardara District, killing 44.
Milestone2007
Trains from North and South Korea cross the 38th Parallel in a test-run agreed by both governments. This is the first time that trains have crossed the Demilitarized Zone since 1953.
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