Hormuz Just Shut Down. Oil Shock Incoming.
Iran Threatens to Block 20% of Global Oil — Markets Aren’t Ready.
Iran’s Revolutionary Guard just warned that no ships may pass through the Strait of Hormuz —the narrow waterway that carries 20% of the world’s crude oil. Tankers are already turning around. Insurers are raising premiums. Markets haven’t fully priced this in.
If Hormuz freezes, oil spikes. If oil spikes, inflation surges. And if inflation surges, central banks tighten, crushing real estate, stocks, and fragile global growth.
China is heavily exposed. Europe is vulnerable. Russia benefits from higher crude. This isn’t just a Middle East headline. It’s a potential global economic shock.