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The Clock Is Ticking: What the Strait of Hormuz Deadline Means for Your Wallet, Your World, and What Comes Next
Published 3 months, 2 weeks ago
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Reflect w/ Ed Fassio — where AI tells the stories that matter.
Right now — as you listen to this — a deadline is active. President Trump has given Iran until 8 PM Eastern tonight to reopen the Strait of Hormuz, or face military strikes. Oil hit $117 a barrel today. Gas is $4.14 a gallon nationally. Diesel is nearing its all-time high at $5.64.
Julius and Hale break down what's actually happening, why a narrow waterway between Iran and Oman has the entire global economy holding its breath, and what the real story is underneath tonight's headlines.
20% of the world's daily oil supply moves through the Strait of Hormuz. Close it — even partially — and you don't just spike prices. You create a supply shock that embeds itself in the cost of food, medicine, and manufacturing for months.
We also get into the Wall Street 'TACO' read on Trump's pattern with deadlines, the two-path scenario from Société Générale analysts, and what the 10-year Treasury yield moving today means for your mortgage.
Your Move: Four concrete things to do whether this resolves tonight or drags on for months.
— Reflect w/ Ed Fassio | reflectpodcast.com
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