How Long Before The World Hits Crude Oil Operational Minimum: JPMorgan Does The Math
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JPMorgan's commodity analyst Natasha Kaneva highlights a looming energy crisis due to the Iran war, predicting a delayed supply shock in global oil and LNG markets. As shipments reach their destinations without future deliveries, the report examines how long global energy reserves will last before depletion. This situation mirrors the sequential disruptions seen during COVID, with impacts varying by region based on shipping times and inventory levels.
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