š„ Tanker convoy just crossed Strait of Hormuz
This matters for risk-on:
ā¢ Oil supply fears cooling down
ā¢ Geopolitical premium getting priced out
ā¢ Liquidity flows back into risk assets
When energy routes stay open, capital rotates into crypto and equities. Watch BTC if oil drops another 3-5%.
Bullish for majors short-term.