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#HormuzPushesOilTo100 The bigger risk isn't oil touching $100. It's how long ships stay away from Hormuz 👀
Traffic has reportedly fallen to about 10 commercial vessels a day as tanker attacks push Brent near triple digits.
What caught my attention is diplomacy continuing while disruption worsens.
Even if a deal comes, shipping, insurance and freight may take time to normalize. That means the inflation shock could outlast the headlines and keep pressure on rates, stocks and crypto.
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