RenMac Off-Script: Escort No Shows & Stripper Wells*

About this episode

Rory Johnston joins the RenMac Off-Script team to discuss the implications of escalating attacks in the Strait of Hormuz on global oil supply and market dynamics.

Commodity Context founder Rory Johnston joins the RenMac Off-Script team to discuss escalating attacks in the Strait of Hormuz and why a prolonged disruption could remove up to 20% of global oil supply and push oil to $200. The team breaks down why markets may be underpricing the duration of the conflict, how refinery shortages in Asia could ripple through global energy markets, and why Russia may ultimately benefit from the crisis. They also discuss the limits of SPR releases and U.S. shale responses, cracks forming beneath the surface in equities, why gold and defensive sectors aren’t behaving like a typical risk-off environment, and how geopolitics could collide with Fed policy, inflation data, and consumer spending in the weeks ahead.

People in this episode

Guest: Rory Johnston

Topics covered

• Strait of Hormuz
• global oil supply
• market pricing
• refinery shortages
• Russia
• SPR releases
• U.S. shale
• equities
• gold
• defensive sectors
• geopolitics
• Fed policy
• inflation data
• consumer spending

Keywords

• oil prices
• market analysis
• energy markets
• geopolitical risks

Mentioned in this episode

Places: the Strait of Hormuz, Asia, Russia, U.S.

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