Futures
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Gold
One platform for global traditional assets
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CandyDrop
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🇮🇷IRAN JUST REJECTED REOPENING The STRAIT OF HORMUZ.
Even as part of a temporary ceasefire deal, Tehran is refusing to open one of the world’s most critical oil routes.
This is the same chokepoint through which 20% of global oil flows.
No reopening means no relief for the oil and energy crisis; and pressure on global energy markets keeps building.
Many countries are already dealing with rising energy costs, shortages, and partial shutdowns.
If this continues, this won’t stay limited to oil; it could hit the entire global system at once.