With the recent war in iran and the massive supply chain disruption wouldnt the price of oil be threw the roof right now? Its projected that it will take at least 2 years for the strait to begin pushing out oil at prewar levels due to the destruction of equipment, stagnation of pipelines, and lack of trust within the region. Additionally, countries specifically in asian relied on this oil production to sustain themselves and when the strait closed they were essentially forced to drain their reserves. With countries like the philippines, Indonesia, korea, and japan signaling an emergency due to the potential crisis. In addition to the lack of oil there also was an impact on LNG as places like Qatar were hit by military strikes which damaged their LNG facilities. So my question is why has oil overall tanked while the rest of the market has seemingly recovered? Why is opecs oil price low when the world is literally bone dry right now? Do you think oil stocks will surge in the near future due to this war?