Strait of Hormuz risks reshape macro mix – BNY
BNY’s Geoff Yu notes that renewed U.S.-Iran tensions have lifted Brent and WTI, with markets reassessing energy supply risks and broader risk sentiment. Yu stresses that the Strait of Hormuz is now the key macro channel, as sustained Oil pressure could complicate central bank responses by combining sticky inflation, weaker consumption and reduced policy flexibility in coming months. Energy…










