Anyone watching global markets should understand what happened on February 28.
The Strait of Hormuz moves 20% of the world’s oil every day.
And it effectively closed.
Since then, markets and economies have been on a roller coaster.
But here is the mistake.
Most people still think this is about sentiment.
The market has been conditioned to see fear everywhere.
Fear premium.
Panic.
Narrative.
But this is not that.
This is a physical supply disruption.
Actual barrels of oil are trapped.
They cannot move.
And when supply cannot move,
the problem is real.
The IEA called it one of the greatest energy security challenges in history.
So this is bigger than short term volatility.
It shows exactly where we are as a system.
Still deeply dependent on oil.
And far less flexible than most people assume.
What does this change about how you see global energy dependence?