Fitch Ratings said in a new report that the closure of the Strait of Hormuz has triggered a temporary logistical supply shock, but it does not alter the broader structural trend in global oil markets. The agency noted that a swift recovery in regional production, combined with strong growth in non-OPEC supply and the possibility ... The post Strait of Hormuz closure is temporary shock, not a shift in oil market trend,says Fitch appeared first on Times Kuwait .