[Strait of Hormuz Closed for 16 Days, Agent Recommends Going Long on Crude Oil] Garrett Jin, agent of '1011 Insider Whale,' stated that the Strait of Hormuz has been closed for 16 days, and since February 27, oil prices have risen by approximately 45%, with Brent crude oil prices surpassing $103. Strategic petroleum reserves may only offset about 12% to 15% of the supply gap. It is recommended to go long on crude oil in the near term and reduce stock exposure, particularly in assets of net energy-importing economies such as Japan, South Korea, and Europe. Meanwhile, in an environment where interest rates, the U.S. dollar, and oil prices are rising simultaneously, market liquidity is tightening. Investors should maintain cash positions, shorten duration, and remain vigilant.