STRAIT OF HORMUZ: THE WAR THAT PUT OIL AT THE CENTER OF THE GLOBAL CHESSBOARD
From January to October 2026, the oil market came to reflect one of the greatest threats to global energy security. The conflict involving Iran, the United States, and Israel turned the Strait of Hormuz into one of the main flashpoints in the global economy.
Around 20% of the oil consumed worldwide normally passes through this maritime route. Any significant disruption affects exports, freight rates, maritime insurance, and supply expectations.
$OILT.ETF $XOM.US $TXN.US
From January to October 2026, the oil market came to reflect one of the greatest threats to global energy security. The conflict involving Iran, the United States, and Israel turned the Strait of Hormuz into one of the main flashpoints in the global economy.
Around 20% of the oil consumed worldwide normally passes through this maritime route. Any significant disruption affects exports, freight rates, maritime insurance, and supply expectations.
$OILT.ETF $XOM.US $TXN.US