PANews reported on March 15th that Garrett Jin, an agent for "1011 Insider Whale," stated that the Strait of Hormuz has been closed for 16 days, and oil prices have risen by approximately 45% since February 27th, with Brent crude prices exceeding $103. There are still no signs of a ceasefire. The Strategic Petroleum Reserve (SPR) may only be able to cover about 12% to 15% of the supply gap. He recommends a near-term trading strategy of being bullish on crude oil and reducing equity exposure, especially assets in net energy-importing economies such as Japan, South Korea, and Europe. Furthermore, with rising interest rates, the US dollar, and oil prices, overall market liquidity is tightening, and investors should maintain cash positions, shorten duration, and exercise caution.