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Art Berman: Coming Oil Shock 'Worst Thing' in Modern History, Shortages Inevitable

Palisades Gold Radio May 24, 2026

Summary

Strait of Hormuz disruption represents an unprecedented crisis, potentially causing the worst energy shock in modern history.

Global oil inventories are being rapidly drawn down, masking the true severity of the supply loss to Western economies.

Investors should prepare for severe crude oil shortages and significant long-term geopolitical instability affecting energy markets.