The Strait of Hormuz Is Repricing the Entire World Economy

The politicians continue to speak about the Strait of Hormuz as though this were merely a regional dispute between Iran and its neighbors. That is complete nonsense. The strait is one of the most important arteries in the global economy, carrying roughly one-fifth of the world’s oil and gas shipments. Brent crude has moved above […] The post The Strait of Hormuz Is Repricing the Entire World…