Gate News reports that on March 15, “Insider Whale” agent Garrett Jin stated that the closure of the Strait of Hormuz has entered its 16th day. Since February 27, oil prices have risen approximately 45% in total, with Brent crude oil prices exceeding $103. Currently, there are no signs of a ceasefire. He pointed out that strategic petroleum reserves (SPR) can only cover about 12% to 15% of the supply gap. Garrett Jin recommends a recent trading strategy of bullish crude oil and reducing stock exposure, especially for assets in energy-importing economies such as Japan, South Korea, and Europe. Additionally, in an environment where interest rates, the US dollar, and oil prices are rising simultaneously, market liquidity is tightening. Investors should maintain cash positions, shorten durations, and stay alert.
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