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in postLONG
“Iran says this is the "first step" and warns that further measures will be imposed if the "aggression continues."”
@KobeissiLetter · The Kobeissi Letter
Escalating Middle East conflict from Hormuz closure drives safe-haven demand, pushing gold higher.
GOLDLONG@ $4,138.85
$4,073.57-1.58%
since call Jun 20
in postLONG
“Iran's top joint military command announces that the Strait of Hormuz is now closed due to US and Israeli "violations" of the Memorandum of Understanding.”
@KobeissiLetter · The Kobeissi Letter
Iran shuts the Strait of Hormuz, cutting off ~20% of global oil supply and sending crude prices higher.
WTILONG@ $77.81
$88.06+13.17%
since call Jun 20
peak +19.3%
“Iran's top joint military command announces that the Strait of Hormuz is now closed due to US and Israeli "violations" of the Memorandum of Understanding.”
@KobeissiLetter · The Kobeissi Letter
Hormuz closure blocks Persian Gulf LNG exports, removing a major share of global gas supply and driving prices higher.
NATGASLONG@ $3.21
$2.84-11.44%
since call Jun 20
TIMESTAMPS
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