Strait of Hormuz

…Uh, we had always known there was always the fear that the Strait of Hormuz could be interdicted or potentially closed, but that was really kind of an outside idea because during the tanker war of the 1980s, we never saw the strait close.…

…As the conflict in Iran drags on and the Strait of Hormuz remains closed, analysts remain divided over how long the disruption could last and the implications for global energy markets.…

…And, and here I am five years later and, and I, I've spent this entire past week, every morning getting up and doing an update on the Strait of Hormuz and, and, and global shipping around the world.…

…And Iran did not stop there as it very quickly blocked the Strait of Hormuz through which 20% of global oil demand passed, roughly 20 million barrels per day, as well as considerable volumes of LNG, mainly from Qatar, along with fertilizers, chemicals, and materials.…

…That's according to US President Donald Trump after fresh fighting erupted following Iranian attacks on commercial ships in the strategically vital Strait of Hormuz.…

…Um, certainly the big drop in oil prices and the expectation for a potential reopening of the Strait of Hormuz with the new US Iran deal, maybe seeing some positive risk feed through certainly into your world emir and some of the higher carry ems, whether or not those currencies could be supported in a better risk environment.…

…Well, the Strait of Hormuz is finally open.…

…Let's talk about the Strait of Hormuz.…

…Just a heads up, we mentioned the Strait of Hormuz blockage a few times.…

…Sironic, uh, had a drone boat that rescued some pilots off the Strait of Hormuz.…

…The Strait of Hormuz is a very good example of that.…

…If recent news flows to be believed, it sounds like Iran is working to put in place some sort of scheme to, um, put fees on ships, vessels transiting the Strait of Hormuz.…

…But it's also, I think, cool and important to see what else is going on across the rest of the world and how things like, you know, them blocking the Strait of Hormuz, which has, I don't know what percentage 30, 40% of the world's oil goes through that strait.…

…Uh, and in the context of what's happening with the Strait of Hormuz or AI or just energy on its own, outside of those two massive factors, the opportunity Set in my coverage universe is the best that I've ever seen it.…

…We had the pandemic, the COVID 19 pandemic, the Ukraine war, and now of course, what's happening in the Middle east and the Strait of Hormuz.…

…And of course we're seeing some of that right now with the Strait of Hormuz.…

…While they're doing that, both sides have agreed to make sure that the Strait of Hormuz is reopened.…

…Uh, they now know something they didn't know a, ah, year ago, which is that they can control or at least have a profound impact on the global economy simply by flying a bunch of drones over the Strait of Hormuz.…

…But the absolute focal point of this crisis is the physical bottleneck at the Strait of Hormuz.…

…You have instability involving Iran and threats around the Strait of Hormuz war, one of the most critical oil shipping checkpoints on the entire planet.…

…Rising geopolitical tensions and renewed disruptions to global shipping lanes, particularly around the Strait of Hormuz, are once again underscoring a hard truth for policymakers: energy security remains deeply fragile.…

…Rising geopolitical tensions and renewed disruptions to global shipping lanes, particularly around the Strait of Hormuz, are once again underscoring a hard truth for policymakers: energy security remains deeply fragile.…

…And well, it's let's say more easy to keep the strait closed uh than have it open, as one successful attack or even the attempt would leave the ships not going through the Strait of Hormuz.…