Oil reserves are rapidly depleting, eroding the world's crucial buffer against supply shocks. A concerning JP Morgan chart, discussed by David Russell of GoldCore and featured in Bloomberg, illustrates the drastic decline in total discovered oil reserves, measured in billions of barrels.
These reserves initially built up during the COVID-19 pandemic when demand plummeted,…
Estimated losses in the oil market reached 800 million barrels in March-April, growing to 1 billion barrels by mid-May, according to the IEA. This compares to a cumulative intervention of 400 million barrels, including the US. Before the conflict, global observable reserves in February stood at 8,185 million barrels; however, a significant portion is operational,…
The convergence of physical, behavioral, and microstructural signals confirms that Europe, and particularly France, has entered a regime of asynchronous systemic energy shortage. The three pillars of the breakdown:
(a) Physical Pillar. The Strait of Hormuz has been practically blocked since February 28, 2026: more than 20% of global oil traffic and 25% of…
Analysis and summary based on the article "The Iran War Is Exposing the Petrodollar While Boosting the Yuan" by Eric Sepanek
The conflict involving Iran is challenging the U.S. dollar's dominance in the global financial system, despite an initial spike in the dollar's value (DXY) following the outbreak of war, which primarily reflects immediate…
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