Paywall bypass: https://archive.is/jfdlP
https://www.bloomberg.com/graphics/2026-iran-war-hormuz-closure-oil-shock/?taid=69c95cfad12de60001c6a00d&utm_campaign=trueanthem&utm_content=business&utm_medium=social&utm_source=twitter&leadSo
Posted by jbochsler
1 Comment
If this turns out really bad, it’d be funny as hell. Energy traders have consistently overreacted to geopol risks for the past few years and now when 10+ MMBbl/d are actually missing from the market they’re underreacting like crazy.