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🐋 WHALE WATCH: The energy sector is facing its biggest geopolitical supply shock in years.
According to CNBC global oil stockpiles risk hitting unprecedented lows if traffic through the Strait of Hormuz remains blocked.
The disruption has already cut off a major chunk of Persian Gulf output pushing physical crude inventories down rapidly.
While the broader stock market is trying to price in a resolution the physical market is telling a completely different story.
How do you think this energy crisis impacts the broader macro economic outlook for the next quarter?