Iran just swapped out their IRGC Navy commander. New guy Ali Ozmaei now controls Strait of Hormuz. Old commander got taken out in an Israeli strike.
Not sure markets are pricing this in yet. Hormuz = 20% of global oil. Any escalation here and energy markets go wild. Worth watching if you're in anything tied to commodities or macro risk.
Not sure markets are pricing this in yet. Hormuz = 20% of global oil. Any escalation here and energy markets go wild. Worth watching if you're in anything tied to commodities or macro risk.