How has the global economy compensated for the 2 months of the Hormuz being blockaded? Or is it a literal nothingburger?
It's called "priced in". Aka normoids thinking they're little investors because they watch the news, lmao.
>>62185985It's a literal nothingburger. The main customer for that oil was China, and nobody cares about them. Between the pipelines to the red sea and gulf of oman and the increased exports from the gulf of america that the impact on the economies of the rest of the world has been quite minimal. All the shrieking you have been hearing these last few months have been from individuals and institutions on the payroll of China.
>>62185985IEA member states are currently in the process of releasing 400 million barrels from storage>>62187330Oil goes to the highest bidder
