Miner Company
Iran: A Game Theory Analysis Of The Hormuz Siege
Markets are underestimating the risk of a prolonged Strait of Hormuz (SoH) closure, which threatens 11% of global oil supply and could trigger recession. Current equity valuations reflect optimism for a quick SoH resolution, but game theory and history suggest a drawn-out, attritional conflict is likely.
Markets are underestimating the risk of a prolonged Strait of Hormuz (SoH) closure, which threatens 11% of global oil supply and could trigger recession. Current equity valuations reflect optimism for a quick SoH resolution, but game theory and history suggest a drawn-out, attritional conflict is likely.