🚨 Holy shit, catastrophic morning for global oil:

– Iran has declared the Strait of Hormuz CLOSED. All shipping "to and from ports of allies and supporters of the Israeli-American enemies" is now PROHIBITED.

– TWO Chinese container ships tried to exit the Gulf via Hormuz on Friday. TURNED BACK. Ship-tracking data confirms.

– 8,000,000 barrels per day are now OFFLINE. That is not a reduction. That is a shutdown.

– Oil is SURGING. Brent nearing $111/barrel. WTI has topped $96. March is on track for the LARGEST monthly price gain ever recorded.

– Separately: 40% of Russia's oil export capacity is about to HALT. Ukrainian drone strikes hitting Baltic port terminals. Russia is warning buyers of "force majeure" on deliveries.

– Asia's energy crisis is about to ACCELERATE. Japan gets 73% of oil through Hormuz. South Korea: 70%. China: 40-45%. India: 42%.

– China just got TURNED BACK from Hormuz. The world's largest energy importer can't get its ships through.

– The Iran conflict looks set to extend into April. Attacks ongoing. Hormuz traffic largely stalled.

– Tanker deliveries are RUNNING OUT. Not slowing — running out. Saxo Bank's Ole Hansen: further pressure coming as remaining deliveries expire.

– Two chokepoints. Hormuz and Baltic. Both offline. No backup supply at this scale exists anywhere on Earth.

This isn't a spike. This is the beginning of a structural energy crisis.

I'll keep you updated. Turn on notifications. 🚨

#TrumpSeeksQuickEndToIranWar #CLARITYActHitAnotherRoadblock #TetherAudit