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Posted by
Two Blokes Jun 17 -
Filed in
General
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#TwoBlokesTrading
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11 views
The risk of Iran closing the Strait of Hormuz is real and could disrupt 20% of global oil supply, causing oil prices to skyrocket. A major oil price shock from a Hormuz closure would likely trigger a global recession and a 20%+ decline in equity markets, based on historical precedent.
