I appreciate the geological perspective, but looking at a map doesn’t tell the whole story of a global market in shock. You say this war isn't about oil, yet since the strikes on March 2nd, European gas prices (TTF) have surged by over 50%, and Brent crude has jumped nearly 10% in just 48 hours.

You mention that most Qatari LNG goes to Asia, but in a globalized economy, that’s exactly the problem. With QatarEnergy declaring force majeure and 20% of global LNG supply effectively trapped behind the Strait of Hormuz, Asian giants like China and Japan are now forced to outbid Europe for every available molecule of US gas.

US export terminals are already running at 100% capacity. We aren't seeing 'stable curves' anymore; we're seeing a massive wealth transfer from energy-starved allies to US producers, while Europe faces the double blow of record heating bills and a new migrant crisis from regional instability. For us in Europe, this war isn't a 'minor news event'—it’s an economic siege.