๐ข Hormuz Strait: Iran divides the world into 'friends' and 'enemies'
The geopolitical chessboard is on fire. Iran has officially introduced a selective passage system through the Hormuz Strait โ the main oil artery of the planet. Now the passage is open only for the 'chosen ones'.
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Who is on the 'friends' list (passage allowed):
China, India, Pakistan, Turkey, Malaysia, Iraq, Bangladesh, and Sri Lanka. These countries continue to receive raw materials, their supply chains are safe, and their economies are protected from shortages.
โ Who is on the 'blacklist' (complete blockade):
The USA, Israel, Japan, and South Korea. Rumors that the passage could be 'bought' for a bribe of 11 characters (2 million yuan) have not been confirmed โ the way is completely closed for these four nations.
Why is this a disaster for the markets?
๐ 20% of the world's oil passes right here. This is the narrowest and most important 'bottleneck' in the global energy sector.
๐ Economic blackmail: Tehran has turned the strait into a weapon. Friends get oil, enemies get empty tankers and inflation.
๐ Price of the issue: Against the backdrop of this news, Brent crude oil is already heading towards $110. The military premium has returned to the quotes with new strength.
Whatโs next? ๐ง
The USA cannot forcefully break through without the risk of a full-scale war, and Japan and South Korea are already starting to feel resource shortages. We see how the real sector of the economy becomes a hostage of geography.
As oil rises, crypto investors' attention is focused on safe-haven assets. Will it become $BTC a 'safe haven' in this chaos, as Tom Lee from BitMine believes? We will watch.
