Amrita Sen of Energy Aspects described the current supply disruption as the "biggest energy shortfall in history."

Amrita Sen of Energy Aspects stated that the conflict has already caused the "biggest energy shortfall in history."

Amrita Sen of Energy Aspects described the supply shock from the ongoing conflict as the "biggest energy shortfall in history."

Kuwait and Iraq are in discussions with Saudi Arabia to build new oil pipelines that would transit through Saudi territory.

The United States is avoiding direct military action against Iran because Iran's IRGC has demonstrated asymmetric capabilities to damage critical infrastructure throughout the region.

Amrita Sen predicts that oil prices will be much higher in the future.

Energy Aspects forecasts that global oil inventories will reach critical levels between July and August.

It is expected to take three to five months, or potentially longer, for Middle Eastern oil production to fully recover after the current conflict ends due to significant infrastructure damage.

Saudi Arabia is upgrading its East-West pipeline with four new pumping stations to sustain a flow of 7 million barrels per day, an increase from the current 6 million.

Oil prices have not surged despite a production loss of over 12 million barrels per day because the market is drawing down a buffer of 400 million barrels of commercial stocks and 400 million barrels ...

In a scenario where parts of the world experience genuine oil stockouts, crude prices could rise to previous highs of $160 to $170 per barrel, or potentially even higher.

The global oil market is in a massive deficit and is approximately a month and a half away from outright shortages, which could materialize by the end of June.

Amrita Sen of Energy Aspects believes a nuclear deal between Tehran and Washington is not imminent as neither side is willing to make significant concessions.

Amrita Sen, founder of Energy Aspects, believes many macro traders have consistently assumed a diplomatic resolution to the US-Iran conflict would be found because the economic alternative is too diff...