Global Oil Buffer Shrinking as Strategic Reserves Deplete Amid Geopolitical Tensions
The world's oil buffer is shrinking due to ongoing geopolitical tensions and the depletion of strategic reserves, raising concerns about potential price surges. Recent releases from global stockpiles have temporarily stabilized prices but may not last beyond mid-2025 if hostilities persist.
Topics: Iran-US conflict oil prices Strait of Hormuz strategic reserves West Texas Intermediate (WTI)