
Post
Presidocrypto
Hormuz remains a major supply-risk wildcard.
Iran says the strait stays closed until its conditions are met, while OPEC+ is holding November output steady.
The G7’s planned release of up to 100M barrels through the IEA could help ease supply pressure, especially with accelerated diesel releases.
Can strategic reserves offset Hormuz disruption—or will prices stay elevated?
#HormuzStillClosed
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