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Citrini Research sent an analyst to the Strait of Hormuz - and found the Strait is NOT closed (published April 5) instead they saw: * what: an organized system to diligence passing ships - those approved can pass with safety guaranteed * payment: countries offering to unfreeze Iranian assets locked in foreign bank accounts as a form of payment (not everything moves through bitcoin/crypto or alternate assets) * who: US allies are negotiating directly with Iran - France, Japan, Greece, India etc. all have confirmed ships passing Market Impact: * market was pricing in a bigger supply shortage than actually exists, this news actually cools the system * nations are likely to seek energy sovereignty in coming years * supply chains will continue to be disrupted (because any small change takes time to resynch) Citrini Research is an investment firm and wrote about positions their taking, or expect to perform #straitofhormuz #finance #wallstreet #investing #marketnews