🛢️⚠️ GLOBAL EMERGENCY: The IEA releases 400 million barrels, but the Strait of Hormuz remains the "Gordian Knot"
Since its founding in 1974, the IEA has never coordinated an action of this magnitude. The volume: 400 million barrels (of which the U.S. contributes 172 million and Japan 80 million).
The reason: The closure of the Strait of Hormuz since February 28 has removed 20 million barrels daily from the market.
These 400 million only cover 20 days of consumption of what normally passes through the Strait. If Mojtaba Jamenei maintains the blockade beyond April, strategic reserves will simply evaporate.
As Forbes rightly points out, announcing the release is not the same as having the crude at the refinery.
Investors see that physical supply has fallen to almost zero in the Gulf. As long as tankers cannot navigate without being attacked by drones or missiles, the risk premium will keep Brent above $100-110, regardless of how much oil is extracted from storage caves.
The IEA is already suggesting drastic measures to governments: mandatory telework, reduction of speed limits, and license plate rotation in cities.
For the first time, there is an effort to involve partner countries like India, Colombia, and Vietnam to also open their strategic taps, seeking a buffer against inflation.
Get ready, because although the IEA tries to help, the reality of March 2026 is harsh:
European and Latin American governments are likely to introduce massive subsidies to prevent the price of gasoline from reaching €3.00, but this will increase the public deficit and could lead to tax hikes at the end of the year.
28% of the IEA release consists of refined products (diesel). This is key for trucks that bring food. If diesel continues to rise, the price of fresh products (meat, milk, vegetables) will see an increase of 10-12% this month.
$BTC
Since its founding in 1974, the IEA has never coordinated an action of this magnitude. The volume: 400 million barrels (of which the U.S. contributes 172 million and Japan 80 million).
The reason: The closure of the Strait of Hormuz since February 28 has removed 20 million barrels daily from the market.
These 400 million only cover 20 days of consumption of what normally passes through the Strait. If Mojtaba Jamenei maintains the blockade beyond April, strategic reserves will simply evaporate.
As Forbes rightly points out, announcing the release is not the same as having the crude at the refinery.
Investors see that physical supply has fallen to almost zero in the Gulf. As long as tankers cannot navigate without being attacked by drones or missiles, the risk premium will keep Brent above $100-110, regardless of how much oil is extracted from storage caves.
The IEA is already suggesting drastic measures to governments: mandatory telework, reduction of speed limits, and license plate rotation in cities.
For the first time, there is an effort to involve partner countries like India, Colombia, and Vietnam to also open their strategic taps, seeking a buffer against inflation.
Get ready, because although the IEA tries to help, the reality of March 2026 is harsh:
European and Latin American governments are likely to introduce massive subsidies to prevent the price of gasoline from reaching €3.00, but this will increase the public deficit and could lead to tax hikes at the end of the year.
28% of the IEA release consists of refined products (diesel). This is key for trucks that bring food. If diesel continues to rise, the price of fresh products (meat, milk, vegetables) will see an increase of 10-12% this month.
$BTC