Low impact
Attacks on ships in the Strait of Hormuz have surged to record levels in October.
FirstSquawk10/24, 07:12 AM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
Brent
Would push up
DaysLow confidence
Record Hormuz attacks raise supply-risk premium for crude
WTI
Would push up
DaysLow confidence
Same Hormuz shipping risk lifts the correlated crude benchmark
What could change this
If diplomatic efforts secure safe transit through Hormuz, the risk premium could ease.
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