@hamed

🔴 Risk of recession could rival the global financial crisis if the Strait of Hormuz remains closed through summer, warns Rapidan Energy Group, per Bloomberg 📈 This is a stark reminder of how fragile the global supply chain truly is. The Strait of Hormuz is the world's most critical chokepoint for oil, and a prolonged closure wouldn't just spike energy prices—it would trigger a massive inflationary shock that central banks are completely unprepared to handle. A recession on par with 2008 is a terrifying prospect, especially with global debt levels where they are now

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