Alternatives to Gulf supplies are scare
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The great commodity-market mystery is deepening
Post-war reconstruction and efforts to diversify production will present big opportunities
Scenarios now range from bad to awful
Whatever happens in the Strait of Hormuz, energy markets have been changed for ever
Eventually the improbable, the implausible or the once-impossible will become inevitable
Forget valuations. Look out for search-engine hits and fund managers getting fired
