Resumed fighting, the reclosure of the Strait of Hormuz, and the Houthis’ maritime embargo against Saudi Arabia are forcing a renewed reckoning with the precarity of global oil sto

Resumed fighting, the reclosure of the Strait of Hormuz, and the Houthis’ maritime embargo against Saudi Arabia are forcing a renewed reckoning with the precarity of global oil stockpiles. Link The Oil Market Is Much More Vulnerable Than Trump Believes Depleted reserves and changed circumstances make price spikes more likely this time around.