03/07/2026
As the United States’ and Israel’s war against Iran heats up, speculation abounds about what may happen to global energy prices if the Strait of Hormuz is blocked. I analyze how big of a problem this may actually pose in full context, when considering alternative trade routes, strategic oil reserves, and untapped oil production capacity. I tie it back to Russia’s war against Ukraine and how coming oil price fluctuations might impact things there.
https://www.youtube.com/@PaulJWarburg
