🔴 Strait of Hormuz: 14 million barrels of crude oil pass through it daily.
According to the International Energy Agency, the global market has already lost a quantity of oil greater than what was lost during the first two oil shocks.
Losses: a decline of 11 million barrels per day, compared to 5 million barrels in 1973 and 1979.
The International Energy Agency has already allocated 400 million barrels of crude and refined oil reserves, which is equivalent to 20% of its stockpile.
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