Are global oil reserves sufficient to withstand renewed US-Iran war?

AI Summary

Analysts warn that global emergency oil stocks, now at multidecade lows, may cover only one or two months of demand if the Strait of Hormuz is shut again. The article assesses whether reserves could cushion a renewed US-Iran war and disruption to oil supplies.

With emergency stocks at multidecade lows, analysts say the world may have only a month or two if Hormuz shuts again.