Middle Eastern tensions escalate, putting transport through the Strait of Hormuz at risk of disruption.
- Hormuz is a strategic maritime route, transiting ~20% of the world's oil supply, including oil from Saudi Arabia, the United Arab Emirates, Iraq, Kuwait, Iran, and large quantities of LNG from Qatar.
⚠️ Kirill Dmitriev warns that global oil prices could soon exceed $100/barrel if geopolitical risks continue to escalate.
💥 Oil hitting $100 will put significant pressure on inflation and living costs, directly impacting daily life.
❗️This is for informational purposes only and not investment advice.
#CreatorpadVN $BNB @Binance Vietnam
