Aqa
03-12
The energy market is on a roller coaster ride. The stock market is hyper volatile now. As long as the Iran war is still on and the blockage persists, the G7 and IEA’s release of strategic reserves will not be able to prevent long term shortage. It is better to play safe by investing in short-term Treasuries and high-dividend renewable energies to hedge against the lingering inflation. Thanks @icycrystal @TigerClub @TigerStars @Tiger_comments @Tiger_SG @Tiger_Earnings
Hormuz Emergency Talks? Oil Plunges 4%! Oil Squeeze Ends?
The relentless rally in crude oil hit a massive speed bump on Wednesday as the diplomatic machinery swung into high gear. WTI crude futures plunged over 4% to intraday lows of $91.45. International Maritime Organization (IMO) convened an extraordinary two-day council session in London (March 18-19) to address the safety of the 3,200 vessels currently trapped near the Strait of Hormuz, and UN Secretary-General António Guterres headed to Brussels for urgent talks with EU leaders. Can "Energy Corridor" successfully bypass Iran’s blockade, or is the 4% dip just a temporary pause?
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