The Weekly Watch
Submitted by Lookout on Sun, 05/31/2026 - 6:09am
The Looming Economic Disaster

The impact of the Hormuz blockade has yet to be really felt. Countries have been tapping into (and not refilling) their strategic reserves. Somehow the market has been manipulated to maintain $100/barrel oil prices, but not for long. Even if the Hormuz was opened back up tomorrow, there will be long term consequences...and it isn't just oil.






