Kpler's Bakr posts "At this point and under the most optimistic scenario Hormuz will remain shut till May. Now brace for impact "
Kpler's Bakr suggests that, under optimistic scenarios, the Strait of Hormuz may remain shut until May.
Israeli army says air defences intercept a new wave of Iranian missiles
Indian HSBC Manufacturing PMI Final (Mar) 53.9 vs. Exp. 55.4 (Prev. 56.9)
Kpler's Bakr posts "At this point and under the most optimistic scenario Hormuz will remain shut till May. Now brace for impact "
A former Iranian Foreign Minister was seriously injured and his wife was killed in a Tehran strike, according to Iranian media
Missile was intercepted near Abu Dhabi's KEZAD
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This indicates a significant risk to oil supply stability and could lead to upward pressure on oil prices, impacting energy markets and possibly triggering broader market volatility. Traders should brace for potential price spikes in energy commodities and assess their exposure accordingly.
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