Iran vs US/Israel conflict
This weekend, the Iran vs US/Israel shifted from proxy tension to direct strikes. The Supreme Leader of Iran has been comfirmed dead & Tehran has responded via missile attacks to Qatar, UAE and threats to shipping through the Strait of Hormuz, a corridor that carries roughly 20% of globally traded oil. Markets reacted instantly. Brent Crude Oil jumped 10-13% in early trading as supply risk was repriced. Continued partial disruption in Hormuz could push oil sharply higher to the $100/barrel mark and beyond, feeding inflation expectations. Air travel is already strained. Over 1,000 flights have been cancelled, with more than 6,000 rerouted. Industry analysts estimate potential losses exceeding $1 billion if disruption persists. Equities opened lower, wiping billions from global market value in early sessions as investors rotated into gold and the US dollar. Near term winners include energy producers and defense stocks. Airlines, logistics firms, and consumer discretionary names face margin pressure from higher fuel costs and reduced demand. In the midst of all this, Bitcoin guzzler Microstrategy $MSTR bought 2486 Bitcoins this week despite being underwater @ $10k per coin for the 717k Bitcoins they already own. I'm wondering; could these tensions and the associated inflation fears fuel a refreshed appetite for Bitcoin as the digital gold is wildly underpriced in comparison to it's physical counterpart? What are your thoughts?