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Oil at $180? The Strait of Hormuz Enters a Dangerous Phase
Chuck Zodda and Mike Armstrong break down day 21 of the Strait of Hormuz shutdown and why the real economic damage may just be beginning. With oil trading near $160 a barrel in parts of the Middle East, the guys explain why global benchmarks could surge if the conflict drags on — and why Saudi Arabia is now floating $180 oil as a real possibility.
They discuss fuel shortages in Asia, shipping disruptions, refinery slowdowns, and what sustained energy stress could mean for markets, inflation, and recession risk.
Plus: options expiration volatility, China’s shrinking share of the global…
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