Altria Return Rate
EWT$iShares Silver Tr(SLV.US)
Lark Island is an important oil storage and transportation facility for Iran within the Strait of Hormuz. The potential transmission path is:
U.S. military bombing of Lark Island (a key passage in the Strait of Hormuz and the source of 90% of Iran's oil output) ➡️ Further increase in oil tanker transit risks through the Strait (shipping has already come to a standstill) ➡️ Oil prices surge again, possible scenarios: 1. Inflation fears intensify; 2. Interest rate cut expectations continue to be suppressed; 3. TNX remains above 4.27%.
These three factors could lead to a stronger DXY U.S. Dollar Index ➡️ SLV faces downward pressure.
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