--- title: "Federal Reserve Bank of Dallas: If the Strait of Hormuz remains closed, global GDP will be impacted" type: "News" locale: "en" url: "https://longbridge.com/en/news/279977766.md" description: "The Federal Reserve Bank of Dallas warns that if the Strait of Hormuz remains closed due to the Iran war until June, global GDP will decline by 2.9%. Research shows that if the strait reopens after one quarter, oil prices will drop to $68, and GDP growth will rebound to 2.2%. If the closure lasts for two quarters, oil prices will rise to $115, then drop to $76; if the closure lasts for three quarters, oil prices could reach $132" datetime: "2026-03-20T17:36:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279977766.md) - [en](https://longbridge.com/en/news/279977766.md) - [zh-HK](https://longbridge.com/zh-HK/news/279977766.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279977766.md) | [繁體中文](https://longbridge.com/zh-HK/news/279977766.md) # Federal Reserve Bank of Dallas: If the Strait of Hormuz remains closed, global GDP will be impacted The Federal Reserve Bank of Dallas stated that if the war in Iran leads to a disruption of oil transportation through the Strait of Hormuz lasting until June, the annualized global economic growth rate for the second quarter will decrease by 2.9 percentage points. Researchers at this regional Fed conducted a modeling analysis of the economic impact of different closure duration scenarios for this maritime passage. If the Strait reopens after one quarter, oil prices in the third quarter will fall back to $68 per barrel, while GDP growth will increase by 2.2 percentage points. The researchers noted that if the closure lasts for two quarters, oil prices will rise to $115 in the third quarter, then drop to $76 in the fourth quarter. If the closure lasts for three quarters, oil prices could reach as high as $132 by the end of the year ### Related Stocks - [United States Brent Oil (BNO.US)](https://longbridge.com/en/quote/BNO.US.md) - [VanEck Oil Services ETF (OIH.US)](https://longbridge.com/en/quote/OIH.US.md) - [SttStrtSPDRS&POil&GasExplor&ProdtnETF (XOP.US)](https://longbridge.com/en/quote/XOP.US.md) - [Occidental Petroleum Corporation (OXY.US)](https://longbridge.com/en/quote/OXY.US.md) - [iShares US Oil Equipment & Services ETF (IEZ.US)](https://longbridge.com/en/quote/IEZ.US.md) - [VanEck Oil Refiners ETF (CRAK.US)](https://longbridge.com/en/quote/CRAK.US.md) - [Stt Strt®SPDR®S&P®Oil &GasEqpmnt&SvcsETF (XES.US)](https://longbridge.com/en/quote/XES.US.md) - [United States Oil (USO.US)](https://longbridge.com/en/quote/USO.US.md) - [iShares Global Energy ETF (IXC.US)](https://longbridge.com/en/quote/IXC.US.md) - [ProShares Ultra Bloomberg Crude Oil (UCO.US)](https://longbridge.com/en/quote/UCO.US.md) - [Vanguard Energy ETF (VDE.US)](https://longbridge.com/en/quote/VDE.US.md) - [iShares US Oil & Gas Explor & Prod ETF (IEO.US)](https://longbridge.com/en/quote/IEO.US.md) - [The Energy Select Sector SPDR® ETF (XLE.US)](https://longbridge.com/en/quote/XLE.US.md) ## Related News & Research - [Warren Buffett Bought 8 Million Shares of This Oil Giant and $100 Oil Proves Him Right](https://longbridge.com/en/news/279996030.md) - [Warren Buffett's parting gift to Berkshire Hathaway: a $2 billion Iran oil windfall](https://longbridge.com/en/news/279631994.md) - [North Dakota operators likely to increase crude output in March, regulator says](https://longbridge.com/en/news/279833229.md) - [From oil to taxes: Here’s exactly what you’re paying for when you buy a gallon of gas](https://longbridge.com/en/news/279813172.md) - [Stock Futures Fall as Investors Monitor Oil Prices, Updates on U.S.-Iran Conflict](https://longbridge.com/en/news/279945016.md)