The myth of the Strait of Hormuz closure.

80% (16.25M bpd) of the 20M barrels per day supply of the Strait of Hormuz has already been replaced or been rerouted. - Clarice Feldman

• 7M: Saudi Reroute
• 4.25M: Pre-War Surplus
• 2M: China Safe-Passage
• 1.5M: UAE ADCOP reroute
• 1M: Iran Jask Bypass
• 400k: India Safe-Passage

Deficit? 

Only 3.8M bpd and even just 2 more tankers per day would reduce the deficit to 0...