Tag: oil crisis
Crude Intentions: How Wall Street Turned a Strait Crisis Into a Bonus Bonanza
When the Strait of Hormuz started looking like a naval war game, most people worried about gas prices, supply chains, and whether their retirement accounts would survive another geopolitical shock. Wall Street trading desks, however, heard something else entirely: the quiet ka-ching of volatility bonuses ringing in like church bells. Brent crude spiked past $86…
Shell Shocked: Wall Street’s $85 Oil Panic
Trump blockaded the Strait of Hormuz, oil hit $85, and Wall Street remembered what geopolitical risk means. Just comics.