Global Oil Disruption from US-Israel-Iran Tensions
IEA warns US-Israel-Iran war caused largest oil disruption. IEA released 400M barrels from reserves. Strait of Hormuz closure halted 20% of global oil flows. Tehran stopped traffic in response to US-Israel attacks. QR code scheme and fuel caps imposed in US. Kirkuk to Ceyhan pipeline reroutes 200K barrels/day