#296 | The Strait of Hormuz, Oil Shortage & the Global Economy: What Investors Need to Know Now - Financial Literacy, Financial Advisors & Wealth

Weekly Wealth Update: A Make Better Wealth Decisions podcast dedicated to explaining how current events impact your portfolio and the wealth decisions you make. Tune in every Monday for commentary on how the news of the week affects your portfolio and your thinking. Worried about the current investment climate and your money? Click the link below and book a call for personalized advice to help you feel secure and protected about your retirement: https://makebetterwealthdecisions.s.gy/podcast Could the closure of the Strait of Hormuz trigger an oil shortage severe enough to reshape the global economy—and what would that mean for your investments? As tensions between the United States and Iran continue to escalate, the risk of prolonged disruption to global energy markets is becoming harder to ignore. In this episode, we examine why the Strait of Hormuz remains one of the world's most important economic chokepoints, why an extended conflict could lead to an oil shortage, and how these developments may impact markets, inflation, and long-term wealth decisions. In this episode, you'll discover: Why the Strait of Hormuz is critical to the global economy and how disruptions could affect oil prices, inflation, and supply chains. What geopolitical and economic experts are watching as negotiations stall and the probability of a prolonged conflict increases. How investors can think strategically about portfolio positioning when faced with rising geopolitical risk and potential energy market shocks. If you want to better understand how a Strait of Hormuz oil shortage could affect the global economy—and how to make more informed wealth decisions in an increasingly uncertain environment—this episode provides the context you need. John De Goey's Books. Grab your copy from Amazon: Bullshift: How Optimism Bias Threatens Your Finances STANDUP to the Financial Services Industry The Professional Financial Advisor IV