Energy Lockdowns Have Begun. Most People Still Don’t Understand What’s Coming. The IEA

The IEA just issued emergency orders to the entire world:

Work from home

Stop flying

Reduce highway speeds

Use public transit

This isn't a suggestion. It's an emergency playbook.

The real danger isn't the war itself.

It's the food and energy shock that follows. And it's already here.

Oil is at $115/barrel —up 50% in three weeks.

But oil is just the beginning.

The Strait of Hormuz carries:

20% of global oil

33% of global fertilizer

It's been closed since February 28.

Fertilizer prices are up 40%. Exports are down 50%.

Gulf fertilizer plants are going dark right now.

Spring planting season is here. Farmers in the US, India, and Africa are staring at $700/ton urea.

You don't feel it yet. You will in 3 months when grocery prices go vertical.

Then there's helium. Pharmaceuticals. Shipping. All disrupted.

Fortune called this "the 4th major supply shock this decade."

Covid. Ukraine. Tariffs. Now this.

Except this one hits energy, food, medicine, and fertilizer all at once.

The IEA just released a RECORD 400 million barrels from emergency stockpiles.

That's a panic move. They've never released that much.

Most people are watching the bombs.

The real damage is coming from what can't get through that strait.