Mar. 15 at 8:22 PM
PickAlpha Weekend:
The Iran war is no longer just an oil chart story — it’s turning into an Asian real-economy squeeze. Reuters reports India has already invoked emergency steps to manage LPG shortages and redirect supply to priority users, while Thailand is scrambling for alternative LNG sources and governments across Asia are rolling out measures to blunt rising fuel and food costs.
Tickers:
$JETS $USO $EEM
Our view is this stops being a commodity spike and starts becoming an imported-inflation tax on Asia. If Hormuz disruption persists, the pressure spreads from crude into LPG, diesel, jet fuel and food, hitting consumers and margins; if flows normalize quickly, this remains a violent but temporary energy shock rather than a broader demand hit.
