It’s weird how the continued closure of the strait isn’t news in the uk any more even though the impact is predicted to be about to spread massively. Pretty damning how news is focused on the novel rather than the important.
Jan RosenowOn 28 February the Strait of Hormuz closed. It is still not fully open. We have a new commentary out this week and model supply and price impacts under three closure scenarios. The results are concerning. Write-up on Bright Spots soon: substack.com/@janrosenow