A MASSIVE GLOBAL ENERGY CRISIS IS UNFOLDING IN REAL TIME.



Iran has now started attacking major oil refineries like Saudi Aramco.

Crude oil is up 5.81% in just the last 6 hours.

Natural gas is up 4.45% in the last 6 hours.

European gas prices jumped 25% at the market open. Dutch TTF is now above €38.44 per megawatt-hour.

The Strait of Hormuz is effectively blocked, with 20 million barrels of oil and 20% of the world’s gas now stuck.

Shipping is in total chaos as insurance costs have jumped 50%, forcing companies like Maersk to avoid the area and send ships on a much longer route around Africa.

With only 13% of Gulf oil able to bypass the Strait via pipelines, we are looking at a massive shortage that could push prices much higher than they are now.

It is a total collapse of the global energy supply chain.
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