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High Impact

SENATOR GRAHAM: HORMUZ BLOCKADE 'WILL BE GROWING' SENATOR GRAHAM: HORMUZ BLOCKADE COULD BECOME 'GLOBAL' SOON

📅
🏷Markets
📰via WB
✍️Edited by Luís Barata

U.S. Senator Lindsey Graham warned that the ongoing disruption at the Strait of Hormuz could escalate from a regional to a global issue, amplifying concerns over energy supply security. The transmission mechanism is a supply disruption channel, as Hormuz handles about 20% of global oil exports, and any prolonged blockade threatens to tighten crude availability. This raises immediate risk premiums in oil markets, particularly impacting Brent and Dubai crude benchmarks, as well as shipping rates and energy equities. Geopolitical risk flows are also driving safe-haven demand, supporting the U.S. dollar and pressuring risk assets in emerging markets reliant on energy imports. Traders will watch for the next U.S. Energy Information Administration (EIA) crude inventory report and any statements from the U.S. Central Command on naval deployments in the Persian Gulf.

Source: Originally reported by WB at April 22, 2026. Summary and market context by Trading News Terminal editorial.

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