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Why the Oil Crisis Is Running Out of Time
The U.S. economy is still holding up, but each day the Strait of Hormuz remains closed increases the risk that today’s uncomfortable gas prices could turn into a much bigger global supply problem.
Chuck Zodda and Mike Armstrong break down why there is still no deal between the U.S. and Iran, how oil prices are reacting to the latest threats around Hormuz, and why the timeline for pressure on global inventories is now being measured in weeks rather than months. They also discuss NVIDIA’s push to bring AI agents directly onto personal computers, what local AI chips could mean for data centers…
The skinny
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