Apr. 13 at 5:27 PM
$IMPP $CVX $BP $SHEL $EQNR
Who loses the most from a Strait of Hormuz blockade? Likely China.
China is the world’s largest oil importer, and much of its supply comes from the Gulf. Any long disruption would hit Asia hardest -> especially China, India, Japan, and South Korea.
History gives a warning:
before Pearl Harbor, Japan depended heavily on imported oil. When the U.S. cut off exports and access from the Dutch East Indies (Indonesia) was threatened, Japan moved into survival mode and chose a high-risk path.
Different era, same principle:
when a major power feels its energy lifeline is being strangled, pressure rises fast.
The danger of Hormuz is not just higher oil prices -> itt is what desperate nations may do when supply security is at risk.
Interesting weeks ahead....
