Sign in Subscribe

Strait-of -Hormuz

26
Apr

The stock market is buying the peace trade. The physical world is not selling

The stock market keeps buying every ceasefire headline. Physical commodity traders see something different: the seaborne oil buffer is gone, shale producers refuse to drill, fertilizer costs are spiking, and the financial system has far less margin of safety than it did in the 1970s.
2 min read
11
Mar

Strait of Hormuz (March 10, 2026): Traffic Signals, Escort Uncertainty, and Why the Economic Shock Travels Far Beyond Oil

Vessel traffic through Hormuz looks thin and hard to verify due to AIS spoofing and ships going dark. A senior U.S. military statement on convoying sounded non-committal. A new UN trade brief warns of outsized risk to LNG, fertilizer, freight, and developing economies.
4 min read