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Breaking Posted 4 hours ago

Middle East Crisis Removes 1 Billion Barrels From Markets

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War in the Middle East has disrupted global oil supply by 1 billion barrels, creating severe shortages through the Strait of Hormuz chokepoint. Chinese refining projects face uncertainty as governments explore household battery alternatives for energy security. Energy supply disruptions typically strengthen USD as safe haven while pressuring oil-importing currencies like EUR and JPY. Commodity currencies including CAD and NOK may see volatility based on energy price movements.
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@yokoyi · 4 hours ago

No wonder energy prices (gas) are going up

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