Trump is offering $20 billion in reinsurance for oil tankers stuck in the Strait of Hormuz. Here's why it might not be enough.

Core Insights - Supply disruptions in the Persian Gulf are accelerating faster than expected, leading to potential production shut-ins as early as next week according to J.P. Morgan analysts [1] Group 1 - The current situation indicates that storage options are dwindling, which is exacerbating the supply disruptions [1] - Analysts predict that these disruptions could force production shut-ins in the near term, highlighting the urgency of the situation [1]