
US Equities Print a Record on Hormuz Optimism. The Pegs Print 3.7500 and 3.6725.
Wall Street rallies on the prospect of reopened shipping lanes. Riyal and dirham do what they always do — nothing.
Karim Al-Rashidi · 10h ago
🔥 #hormuz
4 articles on this topic

Wall Street rallies on the prospect of reopened shipping lanes. Riyal and dirham do what they always do — nothing.
Karim Al-Rashidi · 10h ago

Start with one Doha electrician's fuel bill. Climb from there to the Strait, the peg, and the plumbing of a global energy system that pretends the Gulf is background.
Karim Al-Rashidi · 2d ago

A tanker strike, a coalition, and a production number that refuses to fall. The pegs will absorb the mechanics; the sovereigns will price the politics.
Karim Al-Rashidi · 3d ago

Crude eased 1.03% into Friday's close even as Hormuz mediation entered its loudest week. The pattern is the story.
Karim Al-Rashidi · 72d ago