Miner Company
S&P 500: Euphoric Hormuz Crash In The Making And Oil Surge
Markets have rallied on fragile ceasefire headlines and an illusory reopening of the Strait of Hormuz, ignoring persistent geopolitical and economic risks. The ceasefire between the US and Iran remains weak, with unresolved terms and repeated violations, while the Strait remains effectively closed due to insurance voids.
Markets have rallied on fragile ceasefire headlines and an illusory reopening of the Strait of Hormuz, ignoring persistent geopolitical and economic risks. The ceasefire between the US and Iran remains weak, with unresolved terms and repeated violations, while the Strait remains effectively closed due to insurance voids.