The Strait of Hormuz

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On April 20th 2026:

The markets had a 13-day winning streak, up until today it was a very fast elevator up. Today, a small blip down. We'll see how much downward momentum will be realized this week. 

And I'm expecting another... PR campaign, shall we say? Over the coming weekend. 

Vibe-trading digital oil is like vibe-hedging in treasuries during Hormuz risk-off. Both share one house of cards that works on paper. Difference: oil at least has Dated Brent. Treasuries? Vibes all the way down.

And another quote:

The U.S. president can move markets with a sentence. He can hint at talks, hint at peace, hint at imminent success, and each of those hints can put downward pressure on oil. Tehran can threaten, but Trump has the larger megaphone, the larger navy, and the stronger balance sheet.

On April 17th 2026:

.^.

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