Seeking Alpha
02 Jun 2026, 15:42 UTC · 2h ago
Iran: 'Waiting For Godot'
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Seeking Alpha
02 Jun 2026, 15:42 UTC · 2h ago
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4 claims · impact-rated
The Strait of Hormuz is closed, removing over 10 million barrels of oil per day from the global market. — A massive supply shock of this magnitude triggers immediate energy price spikes and severe global economic instability.
-1.00Global strategic energy reserves have been depleted. — The lack of reserves removes the primary buffer against supply shocks, increasing price volatility and risk of shortages.
-0.80Consumer sentiment has reached record lows. — Extreme pessimism in consumer confidence typically leads to reduced spending and slows macroeconomic growth.
-0.60Fuel and commodity prices are surging. — Rising input costs fuel inflation and compress corporate profit margins across most sectors.
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