Hello John and Doves,Those countries that import a large percentage of their energy source from the Gulf are feeling the pain the most with the Strait of Hormuz closed. Some countries import 98% of their oil from the Gulf. These countries are hurting with high prices, rationing, gas stealing, cuts to the 5 day work week, etc.Seems above-ground oil storage will be gone by June 15, if this war with the blockade continues.And I wrote about the reserves that some countries have and how many days left for domestic use. For ex. the U.K. has enough reserve for 90 days. Japan has enough for 254 days.And I wrote about the U.S. reserves and predicted gas prices for 2026 and 2027 per the International Energy Agency (IEA).And I looked at how the U.S. blockade is doing.I included a 'live' Marine Traffic map where you can look at the Strait of Hormuz yourself and see the tankers/other vessels just sitting there.Above-Ground Oil Storage Gone By June 15:Hal Turner's site is reporting that by June 15 "all the oil stored above ground will be used up." I have not seen this reported elsewhere."On or about June 15, 2026, all the oil reserves, stored in tanks above ground, will be used up, globally. Commerce will all but cease.""With the Strait of Hormuz closed, about twenty percent of the world's daily needs, are no longer being brought to market. That's two barrels of every ten barrels needed, not being available."There is a chart showing the drop by week 26 this year. "..global stored reserves are being destocked at about 8 million barrels per day....By about June 15...There won't be any left.""Of course, there is still the eighty percent of regular oil production still happening. But that 80% is two barrels out of every ten barrels less than what is needed every day. So a very big chunk of people and industries that rely upon oil, aren't going to be getting any, or aren't going to be getting enough to meet the normal, typical needs of each day." Prices will climb. Truckers will have more and more trouble affording diesel prices."After June 15, if the oil flow is not restored, who knows how bad it will get.""I don't know how this is all going to play out. Most normal people think "they'll work it out." But those normal people don't seem to recall the Georgia Guidestones wherein the elite carved into the stone, that they want the world to have a population of only X number of people. If I recall, they said 500 million, but just this morning I saw a number saying 2.6 billion. There are already 8.3 billion people on earth. To reach either of their goals, 6 billion to 7.5 billion of us, have to die. It's starting to appear to me that starting us to death is the way they intend to achieve those goals....Making everything so expensive, we simply can't afford to live."Turner says to 'prepare'.World Reserves:"Iran's paralysis of the Strait of Hormuz has led to major disruption in global oil and gas supply and many countries have begun tapping into their strategic oil reserves to evade an economic crisis.""In the face of chaos, on March 11, the 32 member countries of the International Energy Agency (IEA) agreed to release 400 million barrels of oil from their strategic emergency reserves - the largest stock draw in the agency's history....According to the IEA, its members currently hold more than 1.2 billion barrels of these public emergency oil stocks with a further 600 million barrels of industry stocks held by private organizations but under government mandate to be available to supplement public needs."China is not a member of IEA - and it holds the largest strategic oil reserve in the world. The U.S. has 415 million barrels of oil in reserve. The U.S will release 172 million barrels for this 'emergency' - almost half of what the IEA said would be released. "4.4 million barrels of oil can be shipped globally per day from the U.S."Japan has large strategic reserves also. December, 2025, Japan "held about 470 million barrels of emergency reserves which is enough to meet 254 days of domestic consumption." 146 days worth of oil belong to the government and 101 days are owned privately. Japan is one of the world largest oil importers.The UK has "about 38 million barrels of crude oil and 30 million barrels of refined products, as strategic reserves. The reserves are thought to be able to last around 90 days."Germany, France, Spain, and Italy have oil reserves...that would probably only last somewhere around 90 days.Europe's, the U.S.'s and SE Asia's Fuel Prices:
This article came out on April 5, 2026:"Europe's airports have begun imposing restrictions on refueling due to a shortage of jet fuel, and airlines have preemptively canceled flights....Of all the European countries at the moment, the one that is most vulnerable is the UK...""The cost of jet fuel in the U.S. has surged by 95% since the war began, according to the Argus U.S. Jet Fuel Index."In Bangladesh, people have been robbing gas stations and fuel trucks. This country imports "roughly 95% of its energy needs.."The Philippines imports about 98% of its oil and has "declared a national emergency due to high oil prices..."Companies in countries who depend largely on imported oil from the Gulf are encouraging car pooling, work from home or 'remote work', four-day work weeks, etc. to conserve gasoline.U.S. Inventories and Gas Prices:The EIA expects U.S. "crude oil inventories to remain above average levels....We forecast U.S. average retail gasoline prices will increase to nearly $4.30 per gallon in April" and diesel to be more than $5.80 per gallon."The EIA expects the "U.S. retail gasoline prices to average $3.70/gal in 2026 and $3.46/gal in 2027.."The U.S. Blockade:This article is dated April 15, 2026:"The U.S. blockade that went into effect on April 13 effectively froze most commercial traffic through the Strait of Hormuz...Hundreds of ships remained stranded inside the Persian Gulf and most foreign-flagged tankers avoided the strait. Only vessels with Iranian ties continued moving with any regularity, while Western and Asian operators largely halted transits because of the risk of confrontation and the U.S. warning that violators could be "eliminated.""U.S. President Donald Trump announced that he is "permanently opening" the Strait of Hormuz, claiming that China is "very happy' with the decision and has agreed not to supply weapons to Iran, according to multiple statements he posted on Truth Social.""As of Wednesday, the Strait of Hormuz is effectively shut to most commercial traffic. Ship-tracking data shows only a fraction of normal movements, with operators avoiding the strait amid U.S. naval restrictions, Iranian threats and widespread reports of sea mines.""The Strait of Hormuz is not legally controlled by Iran, and under international maritime law, ships of all nations are entitled to pass...The strait hugs Iran's southern coastline, placing commercial vessels within range of Iranian bases, missile sites and patrol craft for much of the transit."Live Marine Map:Here's a live map of Marine Traffic - you can locate the Strait of Hormuz and the Red Sea: - the 'white' area is the water, the 'gray' areas are the land. We can see how stacked up ships are. You can 'click' on a dot/triangle/ship and get the name of the vessel, speed, course, and vessel details.
HORMUZ STRAIT Live Ships Map Marine Traffic
Most of the world is feeling the pain from this lack of oil making it through the Strait. And it looks like both sides, Iran vs U.S., aren't budging on 'red lines'.Pray for the peace of Jerusalem!Maranatha!Chance