šØ Strait #ŁŲ±Ł Ų² is chokingā¦ and oil is on a hot plate
What is happening in the Strait of Hormuz right now is abnormal.ā¼ļø
The scene #ŲØŁŲŖŲŁŁ of tensionā¦ leading to an actual disruption in the global energy artery.
šØāš» Let's piece together the picture š
š„ More than 170 ships are stacked up and unable to cross š¤·āāļø
š„ A ship attempted to pass and was targeted and sunk š
š„ Two other ships were attacked šāāļø
š„ Major shipping companies have suspended passageā¦ including "Maersk"
This means that supplies are in real danger š„
And any ongoing disruption here = direct pressure on oil prices.
The surprise ā
šØ Trump stated that he is not worried about rising oil prices
This means the market is facing a complex equation:
Clear field tensionā¦
And at the same time political reassurance
šÆ Summary
If the disruption continues ā«
Oil is likely to experience very violent movements
š¤ But keep in mind
The market can rise and fall on the same day by dozens of points due to any new statement.
Risk management is more important than predicting the direction šÆ
