Iran Conflict: 20% Global Oil Supply Offline?

I noticed that the Trump administration appears to be pretending that the war with Iran is just about over. Uh, and yet, uh you and I both know that Iran has said it's not over and the straight of Hormuz will not be open to commercial vessels. And uh that is according to my research, about 20 million barrels per day of oil is now offline, which I I think that's roughly around 20 to 25% of global supply. That and also, I think the UAE, uh, and also Qatar, you know, they shut they shut operations. Um, they're just not producing anymore. And and for some of the Gulf Arab states, there's no more place to put the oil. You know, the oil storage is maxed out because there's no ships taking it away. So, if we've lost, let's say 25% of global oil production, even though in the US, we may domestically have more oil than most countries. And Russia, of course, has plenty of oil. This is going to hit Europe very hard, very hard. And that's going to cascade from London to New York, isn't it? I mean, we're not isolated. We don't live on islands ...