JPMorgan warns that global oil reserves could hit ‘operational stress’ levels by August 2026 due to the Strait of Hormuz blockade, reflecting a decline from 105 days to 101 days of supply. This has triggered concerns about a potential global economic crisis, including airline collapses and LNG export disruptions. The US administration rejected Iran’s latest proposal, demanding a temporary ceasefire and Strait reopening before sanctions relief, leading to a diplomatic impasse.
경제제재석유제재유가영향호르무즈해협미이란외교
Source: National Security Journal(nationalsecurityjournal.org)