OilPrice.com (July 20)
“Traffic via Hormuz is once again paralyzed, tanker crossings are sporadic, and Iran and the United States are intensifying the exchange of fire. Meanwhile, global oil stocks are melting like snow. Oil prices have been on a climb for over a week now as hostilities in the Middle East continue, and despite recent talk of a glut, the physical market is flashing signs of tightness—and higher oil for longer.”
Tags: Global oil stocks, Glut, Higher, Hormuz, Hostilities, Intensifying, Iran, Longer, Middle East, Oil prices, Paralyzed, Physical market, Tanker crossings, Tightness, Traffic, U.S.
OilPrice.com (April 12)
The Iran “crisis has thrown the precarity of the current global energy trade into sharp relief,” accelerating shifts in energy policy. That shift is expected to include “expanded clean energy production capacity” and greatly benefit China. Chinese companies are “incredibly well positioned to continue to consolidate their dominance in global markets, as they are by far the cheapest producer and most accessible trade partner for many nations that have been left in the lurch by the effective blockade of Hormuz.”
Tags: Accelerating, Accessible, Blockade, Capacity, Cheapest, China, Clean energy, Consolidate, Crisis, Dominance, Global markets, Hormuz, Iran, Policy, Precarity, Producer, Shifts, Trade, Trade partner
Barron’s (March 26)
“The war in Iran and consequent blockage of the Strait of Hormuz offer a stark reminder of a different geopolitical risk, one lurking in tech-heavy global portfolios that are betting on artificial intelligence: Taiwan.” 75% of global foundry revenue originates in the island nation. “Investors often put Taiwan in the ‘too big to fail’ bucket, meaning China wouldn’t dare attack anytime soon because of the cascading ramifications…. But the far-reaching ripples from Iran’s attacks on the Strait of Hormuz, itself once thought to be in the unlikely bucket, is a reminder of the risks to global chokeholds and the potential spillover from geopolitical conflict.”
Tags: AI, Attack, Cascading, China, Foundry, Geopolitical risk, Global chokeholds, Hormuz, Investors, Iran, Ramifications, Revenue, Spillover, Taiwan, War
