The 24-Hour Energy Shock the World Wasn’t Ready For

Strikes, tanker attacks, and a silent Hormuz push Brent to $84, with $90 oil now firmly in sight. The Hormuz Closure That No One Wants to Talk About - The Israel-US-Iran conflict engulfing most of the Persian Gulf has pushed $10 per barrel higher, LNG prices went up by $15 per MMBtu, and key refined products such as diesel and jet have been spiralling out of control throughout the Atlantic Basin. - Whilst market watchers almost unanimously define the closure of the Strait of Hormuz as the main bullish factor ahead, very few have, in fact,…