About this episode

Erik Townsend and Patrick Ceresna discuss the implications of the closed Strait of Hormuz and its effects on crude oil prices with guest Luke Gromen.

MacroVoices Erik Townsend & Patrick Ceresna welcome, Luke Gromen. They discuss how the Strait of Hormuz remained closed for months, why crude oil prices did not respond as expected, and what may happen as the conflict re-escalates. They also cover precious metals, inflation, monetary policy, and other major macroeconomic developments. https://bit.ly/45gBPnZ 🔻Download Big Picture Trading Chartbook 📈📉: https://bit.ly/4wSy4AT ✅Sign up for a FREE 14-day trial at Big Picture Trading: https://secure.bigpicturetrading.com/membership/signup/fOY4YJYX 🔴 Subscribe to Patrick’s Youtube Channel: https://www.youtube.com/@Patrick_Ceresna 🔴 Subscribe to Erik's Substack: https://eriktownsend.substack.com/

People in this episode

Hosts: Erik Townsend, Patrick Ceresna

Guest: Luke Gromen

Topics covered

• crude oil prices
• conflict escalation
• precious metals
• inflation
• monetary policy
• macroeconomic developments

Keywords

• crude oil
• inflation
• monetary policy
• precious metals
• macroeconomics
• conflict

Mentioned in this episode

Places: Strait of Hormuz

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