Hormuz shock turns oil routes into stock risk
- President Donald Trump said the U.S. was reinstating a naval blockade on Iran after Tehran claimed it had closed the Strait of Hormuz.
- Oil prices rose as traders weighed disruption risk through a route that carried about 20 million barrels per day in 2024, equal to around 20% of global petroleum liquids consumption.
- The main sector issue is whether higher crude prices, tanker rates, and geopolitical risk premiums can offset supply, insurance, shipping, and demand risks.










