The oil market will have to acknowledge that Hormuz is no longer just a price shock. It’s increasingly a physical-balances problem...

The International Energy Agency says the oil market is likely to remain in deficit until the final quarter of the year, as disruptions at the Strait of Hormuz continue to…

Consumers have tapped surplus oil-on-water and near-record stocks to mitigate supply losses from Hormuz's near-closure. But such draws are becoming unsustainable.

“It’s like we went bankrupt overnight.”

But the real danger isn’t Nvidia crashing. It’s the zombie laggards suddenly waking up and ripping the short leg straight through hedge fund books.

US President Trump said it's just a question of time regarding Iran, but added that he is not going to be much more patient with Iran.

The melt-up can probably survive higher yields. Aggressively accelerating rates volatility is a different story.

The oil market will have to acknowledge that Hormuz is no longer just a price shock. It’s increasingly a physical-balances problem...

"With a background of bond markets looking unsettled, with the problem of inflation, with the Strait of Hormuz not having a solution out of that Summit, I think there definitely…