Asia’s Fuel Shortage Is Creating a Domino Effect Across Global Markets | • The Philippines has declared a national energy emergency | • Indonesia: The $22.5 Billion Problem | • About 84% of crude oil and 83% of LNG passing through the Strait of Hormuz is bound for Asia.

    https://www.ebc.com/forex/asias-fuel-shortage-is-creating-a-domino-effect-across-global-markets

    Posted by tcodo

    1 Comment

    1. I mean, am I taking crazy pills?

      Isn’t this all going to be much worse than the market is pricing in now? When oil hits $150? $200?

      Does anyone really think there is an off-ramp available to trump?

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