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The stock market just hit a record high. Meanwhile, captains in the Persian Gulf are turning off their transponders and sneaking through the Strait of Hormuz in the dead of night. Only five ships made it through yesterday. The seaborne oil buffer that insulated the global economy in the early weeks of the conflict is now completely exhausted, and the knock-on effects – from jet fuel shortages in Europe to a fertilizer crisis threatening this year’s harvest – are only just beginning to show up in the data. In this video, we look at why the physical commodity markets are telling a very different story to the stock market, and what happens when the world’s most critical trade route is caught between two competing blockades.
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The US NAVY should be escorting ship convoys through the strait. Period.
The extremely partisan part of me makes me want to say that the farmers are getting their just desserts, but we absolutely need to pressure the government beyond partisan lines. This is the fate of everyone in the country at stake.
This is fake news
goddamn this guys voice is annoying
The most underreported angle here is the
fertilizer supply chain disruption. Over
30% of global urea trade passes through
Hormuz — so this isn't just a fuel crisis,
it's quietly becoming a food security
crisis too. The price of producing corn
and wheat is spiking in ways that won't
hit grocery stores for another 4-6 months.
"It takes two to TACO [Trump Always Chickens Out]" 😅
$75 oil.
Swing and a miss 😂
History has proven that inflation will be sticky until the economy collapses and then deflation will take off.
And the biggest news in the world right now is the SpaceX IPO. That's really hilarious when you think about it when you think about it
The Iranians are doing the smartest thing they can do. Trump likes to be known for his ability to negotiate, and the Iranians are showing him up
The world has been living on credit for the last few decades, now we went beyond that and we're living on speculation
Hell I thought we were already in a global food crisis the cost of food is going up every week. Beef is almost unaffordable
I see Iran as fighting for it's existence after being attacked by usa and israel.
So stop blaming Iran for doing what it has to to survive. What would you do instead?
This wasn't started by Iran and the whole world knows it.
Ahahahahahaha!
I would like to point out that Jimmy Carter noted this during said 70s oil crises and began to have the government and other major industries invest and more seriously go into nuclear and solar power and then Raegan literally undid all of that immediately. Including getting most of the grants redirected into other nuclear related fields or pie in the sky projects. And went big in on oil and how everything is fine but well we all know how and why on that front lol.
Patrick Boyle is a liberal propagandist. Iran is losing hundreds of millions with the US Naval barricade. Iran's economy is in a downward spiral. You won't hear Boyle address Iran's squeeze on their economy. The U.S. is now exporting more oil than any other country. The U.S. is in a great position. If Europe is in a bad position, they need to become less dependent on a volatile regime like Iran.
The RAM crisis will continue to crisis 😩
Welp, wind and solar cannot be contained at least
Iran will not attack us now
So…June 1st here….those flows through the Straight normalized yet??? Thinking I should buy my airline tickets now for my 2029 planned EU summer vacation.
how did we get here again?
Actually, you CAN yell at inflation until it goes away (you may need to breath a few times tho)😂
– an economics expert from the corner pub
3 years to fix the oil supply problem?? Complete B.S. The problem would unwind in a matter of months. We've seen shocks like this before and always doom predictions which usually resolve in a matter of weeks. If the supply side was so bad then why isn't oil trading at all time highs ($150/barrell) ? Keep in mind we haven't even fixed the problem with Iran yet and It's currently around $90/ barrel and dropping fast.
It explains the situation in energy markets clearly and keeps the viewer engaged
😮😮😮😮😮😮 good
The world has to suffer because the world doesn't listen to the suffering of Palestinian people, now israel's impunity caused israelis/zionists to dare to make the whole world suffer.
Westerners should deal with the monster they created.
Heh heh, a large amount of helium is rather easy to transport. Call Goodyear.
As long as U.S. fiat money is pegged to oil, the underlying value of the dollar is supported. My prediction is Iran will get around 400 billion and sactions lifted with the condition they continue to trade in dollars. Maybe they turn over nuke material, maybe not. Maybe they still charge for passage, maybe not. If the dollar is protected, they get to "win".
One month has passed and no crash? Maybe it's time for a video on how markets are irrational x). Even as a boglehead I'm starting to get very tempted to sell…
where is the disaster?
Markets are not going to break down until all major AI IPOs are going to hit maturity…so maybe at the first quarter of 2027
Memorial Day 2026. Trump is reportedly folding his Iran tents. No Regime change mentioned. Another " Deal" – another Book 🤔❓️
Jarvis cocker is killing it on youtube.
"no rational actor would ever try to close it"
Well, speak of the lord our saviour…
Patrick stating the OBViOUS about a WAR where the other side has AMMO and not ONE media type every speaks to that: t hey think that it's Trumps agenda, and no one else is included: includiing those with AMMO.
We built the Panama canal, why can't we just lop off that point of land
I turned 48 this year. Last month alone I made $100k but the moment that made me cry wasn't the money – it was seeing my whole family around one dinner table after everything we survived together. There were years I truly thought life was over for me. Keep fighting. Your current situation can change in one season.
Watching it some hours after Trump "stopping" yet another "civilisation ending" attack. Nice that some things never change :>
The dependency on single supply chains is what makes this so fragile — one disruption and the whole system feels it. We built efficiency at the cost of resilience