Are global oil reserves sufficient to withstand renewed US-Iran war?

Brent crude climbed above $110 a barrel, close to a five-month high, as attacks on vessels around the Strait of Hormuz intensified and efforts to end the US-Israel war on Iran stalled. Iran’s Islamic Revolutionary Guard Corps said ships had caught fire after hitting mines and later claimed seven more tankers were struck, a claim Washington dismissed. Global emergency oil stocks, heavily drawn down since the war began on February 28, are at their lowest levels in decades. The article examines how long reserves could last if the Strait of Hormuz were completely closed and Houthi attacks also choked off the Bab al-Mandeb Strait.