Analyst warns that a 15% supply disruption at the Hormuz Strait could push oil prices higher.

PANews, March 8: Garrett Jin, representative of on- chain analyst "1011 Crash Insider Whale," posted on X highlighting a clear historical correlation between oil supply gaps and price increases: a ~7% supply shortfall in 1973 drove oil prices up by ~300%; a ~4- 5% gap in 1979 more than doubled prices; and supply disruptions around 1990 also significantly elevated oil prices. All three crises were linked to geopolitical conflicts in the Middle East impacting energy supplies. He noted that the current potential supply disruption around the Strait of Hormuz is estimated at ~15%, far exceeding historical levels. Most institutional models assume this disruption will last only "a few days to weeks," but very few models project it could persist for months. If market expectations regarding duration are overturned, additional long positions may be forced to enter,
further pushing oil prices higher.