Drop-In: How big a threat are renewed hostilities in the Strait of Hormuz?

Energy prices are surging and interest rate expectations are being aggressively repriced after renewed fighting between the US and Iran stifled energy flows through the Strait of Hormuz. But has the market reaction been justified? How likely is a prolonged disruption to energy supplies? How could renewed fighting influence deliberations on the FOMC? 

Join our Commodities and Macro teams for this special 20-minute online briefing as they assess the latest developments and explain what would need to happen for this latest escalation to have a lasting impact on our macro and market outlook. During this 20-minute briefing, the team will be answering your questions as they address key issues, including:

• How the conflict could evolve and the circumstances under which we would revise our forecasts.
• What we’ve learned from the US June CPI report and whether the volatility in oil prices could influence our Fed forecasts.
• Whether the US could realistically impose a toll on vessels transiting the Strait of Hormuz.