Even if the Strait fully opened today, the world would still forfeit ~1.5BN barr

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Even if the Strait fully opened today, the world would still forfeit ~1.5BN barr

· @ericnuttall

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Even if the Strait fully opened today, the world would still forfeit ~1.5BN barrels of production. Even with demand reduction, SPR releases, and export workarounds, our base case is that inventory levels approach tank bottoms in certain geographies. The worst is yet to come!