BREAKING: Iranian parliament has just voted to close the Strait of Hormuz.
- 20% of global oil passes through the Strait
HERE’s what to expect if successful:
- Oil Prices could spike by 30–50%+ almost immediately
- Global Inflation likely Rises
- U.S. Gas Prices likely Skyrocket. Potential $5–$7/gallon range depending on duration
- Military Escalation Risk. U.S. Navy and allies likely to respond
- Tanker delays affect oil, LNG, and related goods
Thanks Trump.
Putin was asked why he is not assisting Iran.
His response: “Israel today is almost a Russian-speaking country, two million people from the Soviet Union and Russia live there. We take that into account.” 👇
Illinois to become the 3rd in the United States to pass #Bitcoin favorable legislation, with a new digital asset charter.
The state congress votes Monday.
https://t.co/qxFD8onq6s
pundits in 1956: "it takes a crew of 10 men and a truck to deliver 5mb of storage. in 2020 delivering 1TB will take a small army and the resources of an entire nation"