WS #15990
The Strait of Hormuz has become the epicenter of a global energy supply crisis, with reports indicating 12 ships attacked in a single week. This physical disruption has forced oil flows down to 12.6 million barrels per day, creating a tangible scarcity premium that is driving WTI crude toward $94. The situation is politically charged, with the Trump administration blaming Ukrainian strikes on Russian refineries for price spikes, while the EU maintains its stance. For markets, this represents a direct cost-push inflationary shock.
Hormuz Supply Shock
The Strait of Hormuz has become the epicenter of a global energy supply crisis, with reports indicating 12 ships attacked in a single week. This physical disruption has forced oil flows down to 12.6 million barrels per day, creating a tangible scarcity premium that is driving WTI crude toward $94. The situation is politically charged, with the Trump administration blaming Ukrainian strikes on Russian refineries for price spikes, while the EU maintains its stance. For markets, this represents a direct cost-push inflationary shock.