After the US and Israel began bombing Iran in late February, Iran retaliated by essentially closing the Strait of Hormuz, through which a fifth of the world's oil and liquefied natural gas passes. As markets await Trump's next move in the conflict, investors should look to the lessons of the COVID-19 pandemic and the war in Ukraine, wrote Marko Papic, the chief strategist at investment research company BCA Research, on Sunday. The world may simply desensitize to the risks and 'move on,'" Papic wrote, pointing to early signs of some ship traffic returning to the Strait of Hormuz.
Author: Lauren Edmonds
Published at: 2026-04-05 22:28:57
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