J.P. Morgan: If the Strait of Hormuz closes for 25 days, the Middle East may need to stop oil production.

JPMorgan analysts said that if the Strait of Hormuz is completely closed due to conflict in the Middle East, oil-producing countries in the Middle East may only be able to continue production for "at most 25 days." "Any longer, storage bottlenecks will result in forced shutdowns," the analysts wrote in their report.