A growing number of institutional desks sounded alarms over physical commodity markets this week as maritime chokepoint disruptions intensified across the Gulf.

Goldman Sachs, RBC Capital Markets, JPMorgan, and others warned that a tightening physical market could keep Brent firmly in triple-digit territory and drive prices sharply higher if the disruptions persist.

https://www.zerohedge.com/geopolitical/citi-warns-nine-commodity-wildcards-once-decade-shocks-become-new-normal