Energy Analyst Javier Blas says: "Assuming the USS Boxer is heading to the Middle East, and considering that she only left San Diego two days ago, she won't be near the Persian Gulf until mid-April"

Newsquawk StaffPublished 20 Mar 2026, 16:43 UTC

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16:30

European Closes: Euro Stoxx 50 -2.14% at 5,493, Dax 40 -2.23% at 22,343, FTSE 100 -1.57% at 9,906, CAC 40 -1.82% at 7,666, FTSE MIB -1.94% at 42,854, IBEX 35 -1.28% at 16,689, PSI -2.13% at 8,756, SMI -1.22% at 12,326, AEX -1.64% at 962.

16:24

Petrobras (PBR) CEO says they have been able to avoid passing international volatility onto local prices

16:23

Energy Analyst Javier Blas says: "Assuming the USS Boxer is heading to the Middle East, and considering that she only left San Diego two days ago, she won't be near the Persian Gulf until mid-April"

16:20

Italy 5-year CDS rises 4.7bps, highest since October; UK 5-year CDS rise 2.4bps to 20.5bps, highest since October; France 5-year CDS rise 3.8bps to 31.6bps; highest since November

16:18

Switzerland has removed seven people from the list of sanctions against Russia, according to reports

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Full Post: "Assuming the USS Boxer is heading to the Middle East, and considering that she only left San Diego two days ago, she won't be near the Persian Gulf until mid-April.If the reinforcements are intended to reopen the Strait of Hormuz, then the oil market faces a very long wait."

Context

This commentary suggests a delay in military presence in a strategically significant area, potentially heightening geopolitical tensions that could affect oil market dynamics. The implication is that if the USS Boxer aims to facilitate navigation in the Strait of Hormuz, there could be an extended period of uncertainty for oil supply routes, influencing prices and trader sentiment in the commodities market.

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