David Hoffman
👤 SpeakerAppearances Over Time
Podcast Appearances
I'm definitely watching this.
Is this like the reverse DeFi mullet, David, where you got some DeFi in the front and TradFi in the back?
Let's talk about what's going on in markets.
So broaden our horizons here.
It still feels like oil is the star of the show.
As you said, oil markets and maybe everything on pause, like trying to figure out what's going on with the war, what's going on in the Strait of Hormuz.
Update us.
What is going on, David?
You said Brent crude oil.
Okay.
I didn't know what Brent, what is Brent crude oil and how does that compare to other types of crude oil?
Okay.
And the spot Brent crude oil, that shot up as high as almost $116.
Now it's $109 or so.
Yeah, that's right.
The Strait of Hormuz.
Okay.
So why is this so bad?
I've tuned into some stories around this, which just indicate that there's like it's first of all, it's like 21 mile wide area.
It's at its narrowest point.