Hupzy (Spot On Chain)|Sep 01, 2026 21:38
๐จ Iran has declared active retaliation against US strikes near the Strait of Hormuz, announcing American bases in Bahrain and Kuwait will be targeted with missiles and drones. US oil prices are up another 6% on the day, compounding the Brent surge toward $95.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Iran's retaliation marks a sharp escalation from the initial US strikes โ the conflict is now active on both sides with Hormuz disruption risk rising. Trump warned Iran would be "hit again much harder," setting up a tit-for-tat spiral that keeps adding risk premium to crude.
๐๐ฅ๐๐ก๐ง๐ข๐๐ is the direct proxy for the supply shock โ every escalation at Hormuz prices in further disruption to ~20% of global oil shipments. ๐๐ง๐ faces second-order pressure from rising oil, climbing yields, and flight-to-safety flows. Watch for actual missile launches or shipping disruption as the next binary.
source: KobeissiLetter
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