WORLD Today

A Survey Pool:

My 2 cents

QOUTE

markets have been quite choppy since I last wrote, but the underlying geopolitical and macroeconomic conditions have hardly been calm and stable. Israel’s attack against Iran’s nuclear infrastructure has triggered a massive rally in oil, and depending on how the situation plays out, we may well see oil prices back above $95.00 per barrel.

If Iran were to block the Strait of Hormuz, the global markets would likely experience immediate and significant turbulence.

Here's how the shockwaves would ripple through the system:

1. Oil Prices Would Surge Roughly 20% of the world’s oil and a substantial share of liquefied natural gas (LNG) pass through this narrow waterway daily. A blockade -- even a partial one -- would choke off supply, triggering a sharp spike in crude oil prices. This would hit energy-importing nations hardest, especially in Asia and Europe.

2. Energy Markets Would Scramble Countries like China, Japan, India, and South Korea, which rely heavily on Gulf oil and LNG, would face immediate supply concerns. Strategic petroleum reserves might be tapped, and alternative shipping routes or suppliers would be sought -- though few can match the volume that flows through Hormuz.

3. Stock Markets Could Tumble Global equities would likely react with volatility and sell-offs, especially in sectors sensitive to energy costs like transportation, manufacturing, and airlines. Safe-haven assets like gold and U.S. Treasuries would likely rally.

4. Shipping and Insurance Costs Would Rise

Aside from these destabilizing effects, there is another often-overlooked impact that we need to consider – higher food prices.

UN-QOUTE

But ... a very big BUT CRYPTO WORLD

Crypto #MarketRebound just simply People will be looking alternate ways to earn extra or other way around?