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I want to assure investors that cooler heads may prevail, and the Strait of Hormuz will reopen, since the world needs the commodities that travel through it.
An analyst said the stock market remains highly correlated with oil prices, moving in opposite directions. ‘It’s that simple an explanation for right now.’
Analysts say East Asia could see hikes in energy costs after an Iranian strike wrecked Qatari LNG infrastructure that met 20 percent of the world’s demand.
I want to assure investors that cooler heads may prevail, and the Strait of Hormuz will reopen, since the world needs the commodities that travel through it.
An analyst said the stock market remains highly correlated with oil prices, moving in opposite directions. ‘It’s that simple an explanation for right now.’
Analysts say East Asia could see hikes in energy costs after an Iranian strike wrecked Qatari LNG infrastructure that met 20 percent of the world’s demand.