The Cushion Is Gone and the Oil Market Is Now Exposed

What: The global oil market has experienced its largest supply disruption in history, with prices reacting relatively mutedly.
Why: Buffers that absorbed the shock for four weeks have been depleted, leaving the market exposed.
Signal: The cushion that protected the market has been exhausted, indicating a potential price surge.
Target: Oil prices could reach **$120** per barrel as the market adjusts to the new supply reality.
Risk: A price spike of **20%** or more is possible in the coming weeks as the market responds to the supply disruption.