Vandana Hari

Vandana Hari is the Founder and CEO of Vanda Insights, a company providing analysis and insights on the oil market. She is newsworthy due to her expertise on the potential impact of the Strait of Hormuz closure. Recent geopolitical events, specifically the conflict between the United States, Israel, and Iran, have raised concerns about the Strait's accessibility, a critical chokepoint for approximately 20% of global oil consumption. Hari's analysis focuses on the potential 'ripple effect' of such a closure, suggesting disruptions lasting weeks or even months. Her insights are significant because the Strait's closure could lead to substantial oil price increases, potentially reaching $200 a barrel, according to some analysts. This would have major economic consequences worldwide, making Hari's perspective highly relevant.