zerohedge
UBS And Goldman Map The Paralysis Across Hormuz Chokepoint
By Tyler Durden

UBS And Goldman Map The Paralysis Across Hormuz Chokepoint The second week of the U.S.-Israeli war against Iran is coming to a close, with no visible off-ramp yet emerging, even as the White House continues to project victory. Goldman now expects the disruption in the Strait of Hormuz to persist for three weeks, a timeline that suggests further intensification of what the IEA has already described as an unprecedented global energy shock. Focusing on the Strait of Hormuz chokepoi...