From the "bottom of the oil tank" in Asia to the dawn of peace in the US and Iran: the re-opening of the Strait of Hormuz is expected to illuminate the trajectory of "lower oil prices".
According to the Zhixun Finance APP, Jeff Currie, Chief Strategic Officer of the energy pathways business at Carlyle, a financial giant on Wall Street, stated in a media interview on Monday that Asian oil market inventories have fallen to "bottom of the tank" - meaning that the Asian oil market is approaching its lowest operating levels, with Europe possibly following suit, and the United States may face serious shortages by July. The latest statement from Jeff Currie, the Wall Street senior strategist who accurately predicted a "commodity super bull market" during the global COVID-19 pandemic, highlights the unprecedented global energy supply impact caused by the Iran war.
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