According to the IEA, 24% of the Global oil consumption passes through that strait. If tensions in Iran increases and this possibility becomes a reality then that would lead to a dovetail event.
A further spike of 20% in the oil price will be a serious threat to the global economy and we believe in that scenario the equity prices will quickly decouple from the oil prices as we show above in retrospect to the previous oil price shocks.
MUST ATTACK IRAN FOR OUR OWN GREEDY SELFISH NEEDS!!!
Posted on Thursday, 28 June
Tagged as: iran gbtv global economy iea oil supply real news statistics straight of hormuze the blaze buck sexton
Reblogged from: asderathos
Posted by: asderathos
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