ASX 200 LIVE: ASX to drop, oil rises as Trump’s Hormuz deadline nears

forbes.pl

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The situation on the physical market is becoming increasingly tense, and the clock is ticking. If the Strait of Hormuz isn't unblocked within the next few weeks, we'll see oil prices remain above $100 per barrel, and in an extreme scenario, even a shock of $200, warns Michał Stajniak, Deputy Director of the XTB Research Department. What to invest in today? Is it worth buying stocks when the S&P 500 is 1.5% off its peak?