Hormuz Closure Lifts Brent and WTI Above $80, Pressuring ECB Rate-Cut Path

With 30% of seaborne crude transiting the strait, a sustained blockade is forcing ECB, RBA, and BoC to reassess rate-cut timelines as energy inflation re-anchors expectations. GC=F and DX-Y.NYB are both bid as traders layer on inflation hedges, while the timeline for resolution remains the single variable that separate