đ„ BREAKING: Strait of Hormuz Incident
đźđ· Iranian armed gunships allegedly attempted to seize a US-linked oil tanker in the strategic Strait of Hormuz.
đ Why it matters:
âą Strait handles ~20% of global oil flows
âą Escalation â higher energy risk premiums
âą Shipping insurance & freight costs spike
âą Markets react to threat perception, not confirmation
â ïž This narrow chokepoint can reprice oil, inflation, and risk assets almost instantly.