Cathie Wood warns oil could plunge 50% amid Hormuz crisis

Despite ongoing war and supply fears, oil prices are actually headed for a dramatic collapse to $50 or even lower within 5-10 years, driven by electric vehicles and autonomous mobility. This completely contradicts the current market panic and the belief that geopolitical tensions guarantee sustained high prices. Do you really believe oil will plunge 50% while the Middle East is in turmoil?
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