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Hormuz + S&P

17M barrels/day = ~ 1/5 of daily traded oil go right through the strait of Hormuz.

Strait of Hormuz

Strait of Hormuz

Situation in strait of Hormuz plus 9 eurozone nations downgraded by S&P… exciting week ahead…

S&P Downgrade 9 Eurozone Nations

S&P Downgrade 9 Eurozone Nations


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