Mar. 19 at 6:03 PM
Hormuz is back on the radar — and energy traders are paying attention. 🔥
~21M bpd flows through that strait — 20% of global petroleum liquids. Any disruption and
$CL1:COM/
$USO rip hard.
$NG1:COM also in play given Qatar's LNG exposure. Risk premium is being priced in NOW.
Watching
$USO for a breakout,
$DBE as a diversified hedge,
$JJETF for beta. Geopolitical flare-ups don't wait — position before the headline hits.
#CrudeOil #EnergyTrading #Geopolitics