Category: Strait of Hormuz
Strait of Hormuz: What Comes Next
June 9, 2026 If Iran agrees to reopen the Strait of Hormuz, a return to normal shipping will not happen overnight. Even with a diplomatic breakthrough, the global energy supply chain will take months to normalize — and retail gas prices will experience a slow, frustrating decline rather than a sudden drop. A full return…
Strait of Hormuz: How Long Can the Reserves Last
June 5, 2026 As of June 2026, with the Strait of Hormuz now closed for twelve weeks, the question of how long major economies can sustain themselves on stored oil has moved from theoretical to urgent. The answer varies significantly depending on where you live. How Long Would Reserves Last? China is currently the best-positioned…
Strait of Hormuz: How the World Stores Its Emergency Oil
The world’s largest oil stockpiles — held by China, the United States, and Japan — are so massive that storing them in standard above-ground tanks is largely impractical. These strategic volumes are measured in hundreds of millions of barrels. To put that in perspective, one barrel equals 42 gallons, meaning China’s estimated 1.4 billion barrel…
