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Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out

energy_supply_shockMiddle EastFortune14 Aug, 16:54 UTC

Context

Iran says the Strait of Hormuz is shut down. The Trump administration says 9 million barrels a day are still getting out  Fortune The Trump administration claims oil is flowing normally again. There’s just one problem  CNN Oil prices fall after U.S. says crude exports through Strait of Hormuz near 9 million barrels per day  CNBC The US says more oil is leaving the Middle East, but is it really?  Reuters For the Oil Market, the Strait of Hormuz Isn’t Closed  Bloomberg.com

What it means

Causal chain

No clear market signal

How to read a signal
Severity
the event's market impact, 1–5
Direction
/ likely price move for the asset
Exp. move
the size of the abnormal move we'd expect if the call plays out — not a claim a move will happen:
Ssmall<1%
Mmoderate1–5%
Llarge>5%
Most flagged events don't move beyond noise; those count against us (see the track record).
Timeframe
the window we measure over:
1dshort
5dmedium
21dlong
Conviction
how well-established the directional call is (textbook → speculative) — not a guaranteed outcome:
low
average
strong

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Not investment advice · for informational purposes only. Generated 4h ago