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- MoneyA few narrow stretches of water can still move the price of almost everything.Energy companies are reconsidering a just-in-time export system after disruptions around the Strait of Hormuz and Bab el-Mandeb. The lesson is bigger than oil: global supply chains can be efficient and still be fragile.
- ExplainedCountries keep emergency oil underground for moments exactly like this.The IEA is discussing another coordinated release of oil and diesel stocks as energy markets face supply disruptions. Strategic reserves exist to buy time during severe shortages, not to make fuel permanently cheap.