Israel & Iran have broken their ceasefire within less than 12 hours of it coming into force.
Both countries have been desperate to inflict damage whilst saving face, and now the US has found itself embroiled in a war it never wanted.
The real risk though? Iran’s threats and moves to destroy the global economy by hiking oil prices to unprecedented levels…
So here’s exactly what you need to know:
Roughly 30% of the worlds oil & natural gas passes through the straight of Hormuz every day.
Iran can effectively block access through the straight with the use of anti-shipping missiles.
Iran’s proxy control of the Houthi Rebels in Yemen gives them the ability to threaten shipping in the Red Sea too.
Iran’s Parliament and it’s head of state have approved a move to close the Straight of Hormuz.
Iran’s National Security Council are currently deliberating their decision on whether or not to close the Straight of Hormuz.
And here’s exactly how this might impact your investments and finances:
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