How can the world have too much oil—and not enough at the same time?
In this interview, energy economist Ed Hirst explains the strange reality of today’s global oil market: a daily surplus colliding with a geopolitical shock in the Strait of Hormuz. With up to 20% of global supply disrupted, physical oil prices are surging—even as futures markets tell a different story.
We break down:
The disconnect between physical and financial oil markets
Why diesel and jet fuel prices are spiking
How the Iran conflict is reshaping global energy flows
What happens if the disruption lasts months, not weeks
This is a critical moment for global energy. The implications could hit everything from inflation to economic stability.
#EnergyCrisis #OilMarkets #Geopolitics #StraitOfHormuz #EnergyEconomics #GlobalEnergy #OilPrices #EnergyTransition #LNG #MiddleEast
Credit to : Energi Media