What most don’t understand about the Hormuz Closure Oil is one global market. But Hormuz risk is not evenly distributed. Hormuz moves 14.9 mb/d. Asia takes 84% of it. So if Hormuz closes, Asia gets hit twice: It loses physical barrels and pays a higher global price. The U.S. mostly gets the second. That is the asymmetry. Asia loses barrels and pays more. America mostly just pays more. Bitcoin does not move through Hormuz and has no choke point.
This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.
Post your reply