While most headlines focus on Iran or the US, the most critical story unfolding right now is oil.
Reports suggest that the Strait of #Hormuz , a narrow but vital waterway, could face disruptions amid ongoing attacks. Why does this matter? Nearly 20% of the world’s #oil supply passes through this strait, and unlike other routes, it has almost no viable bypass options.
If the Strait of Hormuz is disrupted:
1.China, India, Japan, and South Korea could face an oil shock, as 70%-80% of their oil imports flow through this route.
2.Saudi Arabia and the UAE would lose significant export capacity, with only a fraction of their oil being divertible through other channels.
3.Oil prices could surge past $100 per barrel, and in extreme scenarios, spike toward $150 per barrel.
Market watchers are keeping a close eye on the US stock market on Monday. As of now, $BTC and $ETH are holding steady. But continued escalation could trigger a brutal Monday open, sending risk-on assets tumbling.
In short, the next few days could be a defining moment for global oil markets and financial stability—and the real story is not about politics, but energy security.