The UAE is prepared to help the US open the Strait of Hormuz by force and is seeking a coalition of allies, according to the Wall Street Journal via Bloomberg. This significantly raises geopolitical and supply‑disruption risk for oil transit through the strait, likely prompting risk‑off flows into energy and defense assets and upward pressure on oil prices.
The UAE is prepared to help the US open the Strait of Hormuz by force and is seeking a coalition of allies, according to the Wall Street Journal via Bloomberg. This significantly raises geopolitical and supply‑disruption risk for oil transit through the strait, likely prompting risk‑off flows into energy and defense assets and upward pressure on oil prices.
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