Canaccord Coffee Break

How one narrow Strait is driving global markets


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The Strait of Hormuz - through which around a fifth of the world’s oil flows - is now at the centre of escalating tensions, sending energy prices sharply higher and raising fresh questions for inflation and interest rates.

Oil has surged above US$100 a barrel, with sharp swings reflecting just how uncertain the situation remains. But this isn’t just about energy: when oil moves, it feeds into almost every part of the global economy, from supply chains to inflation, and ultimately central bank decisions.


This week, Jane Parry, Chief Marketing Officer is joined by Tom Hibbert, Chief Investment Strategist, to discuss:

  • Why the Strait of Hormuz has become the key flashpoint for markets
  • How energy prices are feeding through into inflation and growth expectations
  • Why central banks in the UK, US and Europe are responding differently
  • What investors should be watching as the situation continues to evolve.

Markets have remained relatively resilient so far, but the backdrop is shifting quickly. As always, staying diversified and focused on the long term remains key.


If you have any feedback on this episode, the podcast overall or questions regarding future topics, please email [email protected]. We’d love to hear from you.


Investment involves risk. The value of investments and the income from them can go down as well as up and you may not get back the amount originally invested. Past performance is not a reliable indicator of future performance.

The information provided is not to be treated as specific advice. It has no regard for the specific investment objectives, financial situation or needs of any specific person or entity. It is accurate at the time of recording and is subject to change.

Canaccord Wealth is the trading name of Canaccord Genuity Wealth Limited (CGWL), CG Wealth Planning Limited (CGWPL) and Canaccord Genuity Wealth (International) Limited (CGWIL), which are all subsidiaries of Canaccord Genuity Group Inc.

CGWL and CGWPL are authorised and regulated by the Financial Conduct Authority (reference numbers: 194927 and 594155). CGWL and CGWPL are registered in England & Wales at 88 Wood Street, London, EC2V 7QR (numbers 03739694 and 08284862).

CGWIL is licensed and regulated by the Guernsey Financial Services Commission, the Isle of Man Financial Services Authority and the Jersey Financial Services Commission. CGWIL is registered in Guernsey no. 22761. Registered office: Dorey Court, Elizabeth Avenue, St Peter Port, Guernsey GY1 2HT.

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Canaccord Coffee BreakBy Canaccord Wealth