🚨WARNING: The world is burning through its oil safety net.
When the Iran war disrupted supplies, the IEA approved a record 400M-barrel emergency release to cushion the shock.
Six months later, the war is still ONGOING.
Gulf supplies remain disrupted, inventories are falling, and 43% of global oil production now comes from countries affected by conflict.
Every emergency barrel used leaves less in reserve for future disruptions.
And if oil prices rise further, the effects can spread quickly:
When Oil goes ⬆️
→ fuel & transport costs goes UP
→ inflation pressure goes UP
→ less room for RATE CUTS$CL $BZ $WLD
When the Iran war disrupted supplies, the IEA approved a record 400M-barrel emergency release to cushion the shock.
Six months later, the war is still ONGOING.
Gulf supplies remain disrupted, inventories are falling, and 43% of global oil production now comes from countries affected by conflict.
Every emergency barrel used leaves less in reserve for future disruptions.
And if oil prices rise further, the effects can spread quickly:
When Oil goes ⬆️
→ fuel & transport costs goes UP
→ inflation pressure goes UP
→ less room for RATE CUTS$CL $BZ $WLD
