🚨 Breaking: Iran’s parliament has backed a non‑binding motion to close the Strait of Hormuz, with the final call now resting on Iran’s Supreme National Security Council and Supreme Leader.

This narrow checkpoint carries about 20% of global oil and LNG flows, so any closure would immediately send crude markets surging, likely adding $3–5 per barrel in the short term—and potentially spiking toward $130 in a prolonged showdown.

Market implications:

šŸ›¢ļø Oil & gas prices could jump, raising inflation and production costs.

šŸ“ˆ Risk-off sentiment may lift gold, safe-haven currencies, and even BTC.

šŸ“‰ Equities could wobble as energy shocks ripple through the global economy.

This isn’t a fait accompli—but it’s dangerously close. Global supply chains, inflation expectations, and central bank policy could all shift in response.

#MarketPullback #IsraelIranConflict #TradersLeague

$WCT