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Mario Nawfal
@MarioNawfal
Largest Show on X (Live Daily 10am-8pm ET) | 24x7 Writers Covering News | Investor 700+ Startups | Founder @ibcgroupio ,
๊ฐ€์ž… October 2020
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๐Ÿšจ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ธ๐Ÿ‡ฆ Global supply shock fears intensify as Saudi Arabia's critical East-West pipeline remains SHUT down following a Friday drone attack. โ€ข The Damage: 4% of global oil supply is suddenly at risk. Estimates for repairs range from days to 6 weeks. โ€ข The Market Reaction: WTI testing $104, Brent surging past $108. โ€ข Macro Ripple: Dollar firming as the S&P 500 sells off. With the Strait of Hormuz already choked, the global energy crunch just went into overdrive... Source: Financial Juice / Writer: Samuel
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