The energy noose around the throat of global logistics is tightening🤯🤯‼️

Iran is methodically taking out tankers in the narrow stretch of the Strait of Hormuz. Drones are flying straight into pipelines, crews are being injured, and ship insurance costs are skyrocketing.

Military reports are full of news about yet more strikes on commodity giants.

The oil market is still absorbing this blow, but if hydrocarbon flows fall further, the macroeconomic storm will affect absolutely everything.
$CL $BZ