$ETH ​​ Oil Supply Cliff​​

The Strait of Hormuz accounts for 38% of global crude oil transportation (an average of 21 million barrels per day). A blockade would lead to:

Brent crude oil prices potentially exceeding $200 per barrel within 48 hours (Goldman Sachs prediction model)

European refineries facing a 30% raw material shortfall, with diesel prices possibly surging by 50%

Alternative route analysis:

Saudi Arabia's East-West oil pipeline has a maximum capacity of only 6.5 million barrels per day, which cannot fill the gap

Russia's Arctic shipping route capacity increased to 2 million barrels per day, but the journey time increases by 15 days

​​Natural Gas Chain Reaction​​

Qatar Liquefied Natural Gas (accounting for 30% of global)