A comprehensive guide for passive energy investors explaining the February 28th U.S. and Israel military strikes on Iran, the closure of the Strait of Hormuz blocking 20% of global oil supply, the resulting 14-17 million barrel per day supply gap, how WTI crude surged from $68 to over $102, the role of strategic reserve releases and the mid-April threshold, the Permian's position as the world's swing producer, what this means for energy fund distributions and cash generation, and key variables to monitor including Strait traffic, inventory levels, and rig counts.