Public Event Detail
This Is When Global Oil Inventories Could Recover Amid Iran War - United States Oil Fund (ARCA:USO)
Public historical observation from the Merrowstone archive. This page shows event-level context only. Accepted assertions, evidence lineage, and relationship intelligence remain part of the premium research layer.
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2026-05-19XOMExxon MobilAlpha Vantage Newscommodity_exposure
Event summary
GasBuddy analyst Patrick De Haan estimates that it would take 78 weeks, or until November 2027, for global oil inventories to fully recover if the Strait of Hormuz reopens after its closure due to the U.S., Israel, and Iran war. De Haan also predicted that U.S. gas prices would not reach $6-7/gallon, with the national average at $4.515/gallon. Meanwhile, President Trump's strong comments on Iran and a U.S. oil waiver for countries facing crunches were also noted.
Attached public signals
Observed outcomes
7d returnPending
30d returnPending
90d returnPending
Relative 90d returnPending