What happened
A United States Strategic Petroleum Reserve release is announced on 11 March, alongside a collective release of strategic stocks by the International Energy Agency. Production shut-ins attributed to the strait closure are estimated at 7.53 million barrels a day in March.
The first material consumer-side response, and the point at which the disruption stopped being a regional event. The shut-in figure is one month of a dated series that later rose above eleven million barrels a day; the module publishes the series, never a single standing number.
Confidence: High
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