๐จ Fuel collapse after the closure of the Strait of Hormuz
The global energy market is experiencing one of the most severe shocks in recent years.
Due to the blockage of the Strait of Hormuz and the military conflict with Iran, oil supplies have sharply decreased. According to analysts at JPMorgan, the global deficit could reach 12 million barrels of oil per day.
โฝ๏ธ But the main blow was not to crude oil, but to fuel.
๐ Prices for:
โข โ๏ธ aviation fuel
โข ๐ diesel
are rising much faster than oil because there is physically not enough fuel for transportation and industry.
๐ Countries in Asia are already implementing emergency measures:
๐ฎ๐ณ India โ restrictions on fuel exports
๐ป๐ณ Vietnam โ price controls
๐ฐ๐ท South Korea โ preparations for consumption rationing
๐ The main problem is dependence on maritime supplies.
If tankers do not pass through the Strait of Hormuz, strategic reserves in many countries could run out in just a few weeks.
If the crisis drags on, it could become the largest energy shock in recent decades.
๐ And as history shows โ such events often trigger turbulence in all markets: from oil to cryptocurrencies.