Primary documents from the European Commission’s 2022 REPowerEU plan and the ECB’s Financial Stability Review highlight energy import vulnerabilities as central to equity valuations, yet recent strategist commentary on a potential Hormuz closure understates how EU member states have accelerated LNG diversification since 2023. Official statements from the International Energy Agency’s 2024 World Energy Outlook emphasize coordinated stockpile releases as a buffer mechanism, a factor absent from narrower market-focused coverage that prioritizes immediate index declines. Perspectives from Gulf Cooperation Council energy ministries, reflected in OPEC+ production adjustment communiqués, frame the strait issue as cyclical rather than existential, contrasting with analyst warnings of sustained premium pricing. These primary sources together indicate that European equities may absorb shocks through existing fiscal facilities outlined in the EU’s 2025 economic governance framework, even as regional banks report heightened exposure in their quarterly disclosures.