3/The greatest challenge in the #oil market is not Hormuz but a global refining capacity crisis on an epic scale. It will take months to repair/return. So there's no supply solution. The hard work has to be done by price. #OOTT

3/The greatest challenge in the #oil market is not Hormuz but a global refining capacity crisis on an epic scale. It will take months to repair/return. So there's no supply solution. The hard work has to be done by price. #OOTT

Source:https://x.com/staunovo/status/2082848873781813333