$BTC
BREAKING: World oil inventories are projected to hit their operational floor of 6.8 billion barrels this month if the Strait of Hormuz stays shut, per JPMorgan.
Below this level, pipelines can't maintain pressure and refineries start failing, regardless of what price oil is trading at.
This would mark the first time in recorded history the world has had to worry about physical oil availability, not just price.
#BTC
BREAKING: World oil inventories are projected to hit their operational floor of 6.8 billion barrels this month if the Strait of Hormuz stays shut, per JPMorgan.
Below this level, pipelines can't maintain pressure and refineries start failing, regardless of what price oil is trading at.
This would mark the first time in recorded history the world has had to worry about physical oil availability, not just price.
#BTC
