Hormuz: Why Markets Are Shrugging Off The Oil Shock

Hormuz: Why Markets Are Shrugging Off The Oil Shock

The “20% of global oil closed” framing was always misleading. In reality, the reduction in impact came primarily from four forces, and the primary source documents each.

Global equity markets are dangerously overconfident

Global equity markets show a dangerous disconnect by continuing to rally – fueled by an overconfidence in policy backstops – despite the severe and persistent supply-side risks caused by the ongoing energy shock from the closure of the Strait of Hormuz, says Helen Thomas There is a growing disconnect between the resilience of global equity markets and the risks building from the ongoing energy shock caused by the closure of the Strait of Hormuz.…

Iran blocks Strait of Hormuz, oil markets show limited reaction

Despite geopolitical tensions, market skepticism about immediate oil price impacts highlights the need for concrete developments. The post Iran blocks Strait of Hormuz, oil markets show limited reaction appeared first on Crypto Briefing.