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FTSE 100 today: Stocks slip on Hormuz crisis despite retail sales beat

Market context: CL: Strait of Hormuz crisis directly threatens global oil supply routes Bullish as disruption to key supply route would spike oil prices BZ: Strait of Hormuz crisis directly threatens global oil supply routes, Brent more exposed Bullish as disruption to key supply route would spike oil prices XLE: Broad energy sector ETF that benefits from oil price spikes due to supply disruption Bullish on geopolitical risk premium for oil

Why it matters

CL (Crude Oil (WTI)) · Why linked: Strait of Hormuz crisis directly threatens global oil supply routes Market context: Bullish as disruption to key supply route would spike oil prices

BZ (Brent Crude Oil) · Why linked: Strait of Hormuz crisis directly threatens global oil supply routes, Brent more exposed Market context: Bullish as disruption to key supply route would spike oil prices

XLE (Energy Select Sector SPDR Fund) · Why linked: Broad energy sector ETF that benefits from oil price spikes due to supply disruption Market context: Bullish on geopolitical risk premium for oil

How CL, BZ, XLE usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
CL102+3.06%34%
BZ99+2.87%36%
XLE86+1.60%38%

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How the reaction data is measured · Editorial policy