How to Play the Energy Spike
Daily Reckoning·2026-03-06 23:00
How to Play the Energy SpikeThe Strait of Hormuz is the single most important passage for oil in the world. According to the U.S. Energy Information Administration (EIA), about 20% of daily global oil supply transits this narrow passage between Iran and Oman.When Israel and the U.S. attacked Iran on February 28th, we knew there would be a response. Iran wasn’t going to sit idly by again. Military strategists knew what soft targets were vulnerable. And the Strait was an obvious target.The best way for Iran t ...