🎞 How long will the $85 oil price last? ▪️ One point that perhaps not many people pay attention to is...

🎞 How long will the $85 oil price last? ▪️ One point that perhaps not many people pay attention to is that this is the second blockage; meaning the blockage that has occurred at this point in the Strait of Hormuz, and naturally disrupts oil supply, differs from the first blockage. ▪️ In the first blockage, the Strait was closed at a time when global strategic reserves were full of oil. The Americans had their reserves full, the Europeans had their reserves full, and the alternative pipelines to the Strait of Hormuz were functioning. However, this second blockage has occurred when those reserves are no longer as strong as before. ▪️ The member countries of the International Energy Agency have supplied three-quarters of the 400 million barrel capacity since the beginning of the war until now. This means that out of 400 million barrels, three-quarters have gone, which is 300 million barrels. ▪️ From this 100 million barrels, one can understand how long the situation in the energy market and the $85 oil price will last; meaning that approximately in five to six weeks, the fate of the energy market should be determined, and the price of oil will either surge or a new agreement will occur. 🎤 Amir Hossein Taghipour, head of the economic desk of the Tasnim War Interpretation Group War Interpretation