Iranian parliament approves closure of Hormuz Strait, blocking...

Iranian parliament approves closure of Hormuz Strait, blocking access to oil routes
https://x.com/BRICSinfo/status/1936773441832513712
BREAKING: Iran's U.N. ambassador says U.S. "decided to destroy diplomacy" and Iranian military will decide "timing, nature and scale" of its response.
https://x.com/AP/status/1936898415503278508
IRAN'S ATOMIC ENERGY AGENCY SAYS NUCLEAR SITES QUICKLY BEING REBUILT, ACTIVITY TO CONTINUE WITH GREATER POWER – IRANIAN MEDIA
https://x.com/DeItaone/status/1936853271022297421

BREAKING: Oil prices rise+2% at the open in the market's initial response to US strikes on Iranian nuclear facilities. Once again, this is not a market that is pricing-in a long-term conflict.
https://x.com/KobeissiLetter/status/1936907642535891148

This market has all your answers: Over the last 72 hours, the US bombed Iranian nuclear sites, Russia said countries are ready to supply Iran with nukes, and Iran's parliament voted to close the Strait of Hormuz. Yet, stock market futures are down a mere -0.5% at the open and oil prices are up less than +2.5%. This is NOT a market that is pricing-in a long-term conflict. In fact, if the market was pricing in JUST a closure of the Strait of Hormuz, oil prices would be at $120+. Objectively, the market is still expecting a short-lived war. Keep following the smart money.
https://x.com/KobeissiLetter/status/1936908826789151223