Focus On Markets And Tolls At The Strait Of Hormuz

Crude oil drives global markets as U.S.-Iran tensions threaten Hormuz. Read more macro analysis here.

Crude oil has been in the crosshairs of markets across all asset classes since the hostilities in the Middle East began. The Strait of Hormuz has become the focal point of the conflict. NYMEX WTI crude oil prices exploded to Crude oil has been in the crosshairs of markets across all asset classes since the hostilities in the Middle East began.

The Strait of Hormuz has become the focal point of the conflict. NYMEX WTI crude oil prices exploded to Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions.

I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The

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author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis.

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