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The Strait of Hormuz Crisis Just Triggered a GLOBAL Food Shock
With talks between the US and Iran falling apart, there will be renewed focus this week on the Strait of Hormuz, getting it open and restoring traffic. Nearly all the focus so far as been on the energy part of the trade equation, the amount crude oil being able to transit the bottleneck. But there is another key set of commodities that are likewise being held back, and most people don’t realize just how big this is. Energy shock, yes, there is also a growing food shock.
Eurodollar University's conversation w/Steve Van Metre
What is a Eurodollar University membership? It’s where understanding…
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