Strait of Hormuz Closure Creates Critical Global Energy Chokepoint Crisis
Iran's closure of the Strait of Hormuz, which handles 20% of global crude oil transit, has pushed Brent crude above $100 per barrel with potential for $150 spikes. The US projects a 4-5 week conflict timeline, but sustained disruption threatens global supply chains and is already triggering defensive portfolio shifts in bond and equity markets.
This chokepoint disruption could trigger global recession if sustained, forcing major economies to accelerate strategic reserve releases and alternative supply arrangements.
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