Russia pushing to reopen Strait of Hormuz before US midterms (15 days out)
This matters for macro:
• 20% of global oil flows through Hormuz
• Closure = oil spike = inflation spike = Fed pivot delayed
• Reopening = risk-on for equities and crypto
BRICS flexing geopolitical muscle right before US votes. If Hormuz opens, expect liquidity to flow back into risk assets. If it stays shut, brace for energy shock and deeper recession fears.
Watch $BTC correlation to oil here. Energy crisis = fiat debasement narrative strengthens long-term, but short-term pain for all risk.
This matters for macro:
• 20% of global oil flows through Hormuz
• Closure = oil spike = inflation spike = Fed pivot delayed
• Reopening = risk-on for equities and crypto
BRICS flexing geopolitical muscle right before US votes. If Hormuz opens, expect liquidity to flow back into risk assets. If it stays shut, brace for energy shock and deeper recession fears.
Watch $BTC correlation to oil here. Energy crisis = fiat debasement narrative strengthens long-term, but short-term pain for all risk.