Would like to hear your thoughts on the potential global economic consequences of the closure of the Strait of Hormuz? I have some takeaways about this situation: 1.The closure of the Strait of Hormuz and halted shipments could push Brent crude prices above USD 100/bbl if the blockade persists. 2.Geopolitical tensions and market uncertainty typically increase demand for safe-haven assets like gold. There are increasing doubts about the US dollar's safe-haven status from Central banks like the European Central Bank, this could suggest a potential shift in currency dynamics making other currencies (Swiss Franc) or commodities ( Gold or Silver) more appealing as a safe heaven. I believe we will see the same market drivers for 2026 specially that war is escalating very fast, we are seeing even more countries involved like many of the Gulf countries, . Dr.Spyros made a analysis of Gold rally in 2025 (It explains many of the market drivers we are seeing also in 2026, highly recommended!) 3. Energy Resilience The uncertainty surrounding the closure of the Strait of Hormuz raises important questions about the resilience of global energy systems. Given that there is no clear timeline for reopening, this disruption could act as a catalyst for countries to reassess their dependence on oil and gas. Several countries are already feeling the effects of supply constraints, and if the situation persists, we may see increased volatility in energy markets. In this context, the crisis could accelerate investment and policy shifts toward renewable energy sources, as nations seek to reduce exposure to geopolitical risks associated with fossil fuel supply routes. If the conflict evolves into a prolonged situation, repeated disruptions or closures over time could further reinforce the urgency of diversifying energy portfolios and strengthening energy security. Let me know your thoughts!