I’ve been describing supply loss from the closure of the Strait of Hormuz as an “air pocket” moving through the normal flow of oil out of the Gulf

Helpful map from JPM highlighting when that air pocket will “land” in different major consuming regions: Asia this week, Europe next, N America two more

March 30, 2026 - 16:38 UTC

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Do you know if this map would look similar for other things being shipped from the same countries (e.g., generic drugs from India), or are these dynamics specific to the oil market?
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Any market that requires things to move from one place to another generally utilises oil to do the moving
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Just in time for tax day in the US! A quinella!
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Can you describe expected results?
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lol. The end of the world as we have all known it. The end of the petrodollar and the collapse of US empire. Buckle up!
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Future BYD sales.
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Are Latin America and Canada not impacted by the 'air pocket effect,' or has JPM simply excluded them from their analysis?"
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Western Canada is more or less self-sufficient. Eastern Canada receives most oil via line Line 5 which feeds western Canadian oil through the American Midwest/rust belt to Ontario
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Not much impacted
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Everyone will be impacted when bids start being applied to physical delivery of oil and LNG.
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