Tweet: 2038218060713148765

Author: @thejbullmarket

Date: Sun Mar 29 11:33:48 +0000 2026

URL: https://x.com/i/status/2038218060713148765

The 20M barrels/day oil supply deficit from the Straight of Hormuz might be entirely filled now, because

• we were running at a 5% surplus before the war
• 9% have been rerouted
• 3% of daily usage are currently being released from reserves daily over the next 3 months

-2% are still going through the strait via shadow or official tankers

So, the overall deficit is around 1%, potentially 0% if the above stats are 1% higher, and would remain to be so for 3 months until the IEA oil reserves have been fully depleted.

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