I simulated closing the Strait of Hormuz on real oil trade data
Show HN: I simulated closing the Strait of Hormuz on real oil trade data
I simulated closing the Strait of Hormuz on real oil trade data is a business in show hn launch.
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OP here: I created this visualization tool as the byproduct of a supply chain class I taught at Columbia. The pedagogical exercise grew into a full blown visualization and paper about global oil trade.The model: The mechanics are the same as the financial network Eisenberg-Noe: Instead of banks, every country consumes oil interconnected via bilateral trading. Shocks propagate throughout the network, depleting oil reserves when bottleneck nodes (such as the Strait of Hormuz) are blocked.Insights: The interesting part is the mechanics of how the crisis unfolds: for example, France receives 0 oil from Hormuz directly, yet their reserves are depleted faster because other countries reactively inc
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Website: globaloilnetwork.staffinganalytics.io
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