Global oil buffer thin if Hormuz closes again: analysts

Analysts warn that with emergency oil stocks at multi-decade lows, the world has only one to two months of buffer if the Strait of Hormuz is shut again amid renewed US-Iran conflict. The claim is analytical inference, not a confirmed event, but highlights acute supply-side vulnerability. A closure would disrupt roughly 20% of global oil supply, making the risk material for energy markets.

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