In r/stocks and r/wallstreetbets, posters connect Hormuz disruption risk to oil spikes, arguing that high crude would hit demand and the broader economy even if equities keep levitating.
Iran is not backing away.. oil prices are tending up..
Can’t even afford to apply my clown makeup because the paints are oil based
110$ per barrel kills economic demand with day 1.
way more oil has been flowing through the strait since “day one” than the news and the AIS tracking system would have us believe.
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