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Global Issues
globalissues.org
did:plc:joi4ignqhofcm2lmxpbhglen
Global oil markets have absorbed a Hormuz shutdown worse than 1973, Iran-Iraq war, or Gulf War shocks, but only by burning through (and depleting) spare capacity and inventories built up before the crisis
This leaves the world more exposed when the next disruption hits
#OilMarkets
#EnergySecurity
https://www.globalissues.org/news/2026/07/17/43606
2026-07-19T01:09:29.966Z