The Strait Of Hormuz And The Price Of Fragility

Garvin Jabusch176 FollowersFollow5ShareSavePlay(11min)CommentsSummaryAs we write this, Brent crude sits above $107 per barrel. Earlier this month it spiked to nearly $120, its highest level since mid-2022.If we are serious about preventing the next crisis—and the one after that—we have to be honest about what this moment reveals. And what it reveals is not new.The relationship between high oil prices and the clean energy transition is not as straightforward as the headlines suggest.For investors, the question this crisis poses is not “do I care about energy transition?” It is: “can my portfolio survive the next time a 21-mile-wide chokepoint closes?”. Alones Creative/iStock via Getty Images As we write this, Brent crude sits above $107 per barrel. Earlier this month it spiked to nearly $120, its highest level since mid-2022. The Strait of Hormuz—a 21-mile-wide waterway through which This article was written byGarvin Jabusch176 FollowersFollowGarvin Jabusch is Co-Founder and Chief Investment Officer of Green Alpha® Advisors, LLC. He is co-manager of the AXS Green Alpha ETF (ticker NXTE), the Green Alpha Next Economy Index, the Sierra Club Green Alpha Portfolio and others. He practices high active share, benchmark agnostic stock selection.