$BTC
Is the Strait of Hormuz now really impossible to pass through? 😳
This time, it wasn’t a warship—it was a tanker carrying oil
Saudi Arabia’s state-owned shipping company Bahri confirmed
that its tanker Sidr experienced a safety incident
on the evening of August 31 as it passed through the Strait of Hormuz
resulting in the deaths of two Filipino crew members
And at nearly the same time nearby,
another supertanker loaded with Saudi crude oil
was also attacked by an unknown projectile
What’s even scarier is
that the two ships were hit almost back-to-back
So it’s not just “things are a bit tense at sea” anymore
The Strait of Hormuz is the lifeline of global energy transportation
After the conflict escalated,
ship traffic has dropped noticeably
According to Reuters data,
On Tuesday only 4 bulk cargo ships passed through
Whereas the average over the previous 10 days was about 13
Think about it:
On one side is one of the most important oil transportation routes in the world
On the other, the U.S. and Iran are firing at each other
Now even tankers carrying Saudi oil are starting to be targeted
This isn’t traffic congestion anymore
It’s like someone started throwing grenades on the highway 😂
Of course, one thing must be made clear
At present, publicly reported information confirms that tankers were attacked
But regarding who carried out the specific attacks on these two tankers on August 31,
there is still no authoritative evidence to fully substantiate it
However, judging from the overall situation,
the risk level is indeed rising rapidly
If the Strait of Hormuz continues to be affected,
a whole series of issues will follow—oil prices, freight rates, inflation, rate hikes,
and so on
Assets like “the Big Pie”—risk assets—will definitely take a beating
Now Brent crude has already surged back above $90
The market is clearly starting to reprice the disruption risk to energy supplies
If the Strait of Hormuz really becomes harder and harder to navigate,
who in the global market will be the first to break?
Oil bosses might be smiling
Shipping companies might be smiling
But those high-valuation risk assets that survive on liquidity,
like the U.S. stock market and the crypto space…
probably won’t be laughing anymore 😂
What this war fears most right now
isn’t just fighting a couple of rounds
but causing problems with the entire global energy supply chain
#沙特称伊朗在霍尔木兹袭击其船只
Is the Strait of Hormuz now really impossible to pass through? 😳
This time, it wasn’t a warship—it was a tanker carrying oil
Saudi Arabia’s state-owned shipping company Bahri confirmed
that its tanker Sidr experienced a safety incident
on the evening of August 31 as it passed through the Strait of Hormuz
resulting in the deaths of two Filipino crew members
And at nearly the same time nearby,
another supertanker loaded with Saudi crude oil
was also attacked by an unknown projectile
What’s even scarier is
that the two ships were hit almost back-to-back
So it’s not just “things are a bit tense at sea” anymore
The Strait of Hormuz is the lifeline of global energy transportation
After the conflict escalated,
ship traffic has dropped noticeably
According to Reuters data,
On Tuesday only 4 bulk cargo ships passed through
Whereas the average over the previous 10 days was about 13
Think about it:
On one side is one of the most important oil transportation routes in the world
On the other, the U.S. and Iran are firing at each other
Now even tankers carrying Saudi oil are starting to be targeted
This isn’t traffic congestion anymore
It’s like someone started throwing grenades on the highway 😂
Of course, one thing must be made clear
At present, publicly reported information confirms that tankers were attacked
But regarding who carried out the specific attacks on these two tankers on August 31,
there is still no authoritative evidence to fully substantiate it
However, judging from the overall situation,
the risk level is indeed rising rapidly
If the Strait of Hormuz continues to be affected,
a whole series of issues will follow—oil prices, freight rates, inflation, rate hikes,
and so on
Assets like “the Big Pie”—risk assets—will definitely take a beating
Now Brent crude has already surged back above $90
The market is clearly starting to reprice the disruption risk to energy supplies
If the Strait of Hormuz really becomes harder and harder to navigate,
who in the global market will be the first to break?
Oil bosses might be smiling
Shipping companies might be smiling
But those high-valuation risk assets that survive on liquidity,
like the U.S. stock market and the crypto space…
probably won’t be laughing anymore 😂
What this war fears most right now
isn’t just fighting a couple of rounds
but causing problems with the entire global energy supply chain
#沙特称伊朗在霍尔木兹袭击其船只
