Brent oil futures climb above $100 on continued disruption to Strait of Hormuz traffic
Original Report
Prices have spiked after Iran’s new supreme leader broke his silence and called for the Strait of Hormuz to stay closed.
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Pete Hegseth on Strait of Hormuz: 'Don't need to worry about it'
The Strait of Hormuz, the world's most critical chokepoint for oil shipments, has been effectively closed since the U.S. and Israel began the war on Iran.
Fed’s favorite price gauge shows sticky inflation — and little chance of improvement soon
Core PCE price index has risen 3.1% in past year. Iran conflict will push it even higher.
The Tech Download: Chip supply chains and data center risks — the tech sector’s Iran problem
Uncertainty hits global chip supply chains and Middle East-based AI projects.
Here are Friday's biggest analyst calls: Nvidia, Tesla, Nio, Ollie's, Adobe, Boeing, Linde, Nutrien, Valvoline & more
Here are the biggest calls on Wall Street on Friday.