Bob Elliott: Hormuz closure threatens higher prices and market growth prospects

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29.04.2026

Bob Elliott: Hormuz closure threatens higher prices and market growth prospects — Hormuz closure challenges market growth

Bob Elliott, co-founder / CIO at Unlimited, points to the growing challenges in achieving expected market growth as the closure of Hormuz continues to push prices higher each day.

He shared these remarks during a recent appearance on CNBC Overtime.

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Elliott has previously highlighted that increased U.S. crude exports depend on inventory drawdowns rather than higher production. In an earlier note, he observed that emerging market stocks were trading at a 12 price-to-earnings ratio as earnings accelerated. His comments reflect ongoing attention to shifts in both energy and equity markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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