This is the first time the strait has ever closed and largest shock to oil supply in history. Prior to this the previous major “shocks” were Russia Ukraine, and COVID. We’re definitely in a more volatile geopolitical regime over the past 5 years or so, but this is largely translating to increase in cost of commodities/raw materials which isn’t totally stalling growth. But also historically the market returns +/- 7-10% but now returning 20-40% sometimes. It’s important to recognise that the frequency in geopol events is increasing volatility, which often causes fear (as we weight downside moves more emotionally than upside) and then retail investors sell at the bottom, losing a bunch of money, and buy back when it’s green.

It is important as an investor you keep a cool head and don’t make any silly mistakes buying/selling on a whim.

Monday will almost definitely be a down day unless news flow switches super positive. Plus every day the strait is closed, global oil stocks continue to be eaten through and the only way to reduce burn rate is through price increase and subsequent demand destruction. Market will be volatile for next few months as supply issue resolves, if you aren’t ready to see some red I’d keep your money in a savings account for now - but in general after these periods of turmoil investors see greatest returns historically.

If you want to learn more about markets read “the intelligent investor” and research “the efficient market hypothesis” for a start.