The Strait is now under U.S. military control
Trump says the U.S. military has the Strait of Hormuz completely under its thumb, and that oil shipments are now higher than before the war. Russia has also agreed to send over a large amount of diesel. The Strait is on edge every day, tankers are queuing up to pass through, and oil prices still have to listen to him and get talked down.
If the Strait is open, oil prices will fall. The war has turned into a logistics fire sale—this time, they’ve got the troops working for the refineries.
How are your oil positions holding up, folks? Pork knuckle rice tonight, or eating noodles with the lights off?
$BTC $ETH $SOL
#原油 #Strait of Hormuz
Trump says the U.S. military has the Strait of Hormuz completely under its thumb, and that oil shipments are now higher than before the war. Russia has also agreed to send over a large amount of diesel. The Strait is on edge every day, tankers are queuing up to pass through, and oil prices still have to listen to him and get talked down.
If the Strait is open, oil prices will fall. The war has turned into a logistics fire sale—this time, they’ve got the troops working for the refineries.
How are your oil positions holding up, folks? Pork knuckle rice tonight, or eating noodles with the lights off?
$BTC $ETH $SOL
#原油 #Strait of Hormuz