Blockade pressure is tightening, and $XLE may be where the market feels it first
Central Command says 29 ships were ordered to turn around or return to port, and the reports about merchant ships slipping through were called inaccurate. That’s the kind of enforcement that can wake up the crude and shipping complex fast, because liquidity tends to chase a widening risk premium before the crowd catches the shift.
Not financial advice. Manage your risk and protect your capital.
#Oil #Energy #Commodities #Shipping #Geopolitics
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