Strait of Hormuz traffic collapsed 60% in 24hrs — only 4 commodity vessels crossed Monday vs 10 the day before.
Goldman calling $130 $BRENT if:
• Saudi East-West pipeline stays down
• Hormuz flow keeps choking
We're already at $106.
This isn't a drill. Oil supply shock incoming and markets are asleep.
Goldman calling $130 $BRENT if:
• Saudi East-West pipeline stays down
• Hormuz flow keeps choking
We're already at $106.
This isn't a drill. Oil supply shock incoming and markets are asleep.