Hartree's Ed Morse: Strait of Hormuz Disruption Cuts 10 Million Barrels of Oil Per Day

The global oil market is facing a severe and immediate supply shock. According to Ed Morse, senior advisor and commodities analyst at Hartree Partners, the disruption in the Strait of Hormuz is now causing the world to lose at least 10 million barrels of oil per day. This figure represents a massive and sudden constriction of global crude flows, directly impacting the physical market and threatening price stability.

Morse, a prominent voice in energy markets, delivered this stark assessment during an interview on 'Bloomberg The Close.' The Strait of Hormuz is the world's most critical oil transit chokepoint, and any significant disruption there has an outsized effect on global supply chains. The loss of 10 million barrels daily is not a forecast but a current reality, highlighting the acute vulnerability of energy infrastructure to geopolitical tensions in the Middle East.

This scale of disruption places immense pressure on global inventories and could force consuming nations to draw down strategic reserves. It signals severe operational risks for shipping, insurance, and logistics sectors tied to the region. The sustained loss at this volume raises the risk of tighter physical markets, increased price volatility, and heightened scrutiny on alternative supply routes and energy security policies worldwide.