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The recent popular research report is from JPMorgan: The Illusion of Abundance.
The core point is that the global total inventory is 8.4 billion barrels, but the truly accessible amount is only 800 million barrels, and as of April 23rd, 280 million barrels have already been consumed.
According to JPMorgan's calculations, by June, if the Strait of Hormuz remains closed, the OECD's callable inventory will be nearly depleted, and the global market will officially face a petroleum shortage.
And if it remains closed by September, the entire global industrial system built around oil will begin to collapse from its weakest point due to the actual lack of available oil.
This is actually very important.