Strait of Hormuz traffic just collapsed
4 commodity vessels crossed Monday
10 crossed the day before
Goldman warning $BRENT could hit $130 if:
• Saudi East-West pipeline stays down
• Hormuz flow stays choked
$BRENT already above $106
This is how oil shocks start. Watch energy plays and macro hedges closely
4 commodity vessels crossed Monday
10 crossed the day before
Goldman warning $BRENT could hit $130 if:
• Saudi East-West pipeline stays down
• Hormuz flow stays choked
$BRENT already above $106
This is how oil shocks start. Watch energy plays and macro hedges closely