Iran hasn't loaded a single barrel of crude since Aug 25 — US Treasury Sec Scott Bessent just confirmed it.
Zero exports. Zero revenue.
So what exactly is Iran's new oil minister managing? Empty pipelines?
This matters for macro:
→ Tighter supply = oil price support
→ Sanctions actually working = geopolitical risk premium stays elevated
→ Could shift liquidity flows if energy markets squeeze
Watch $WTI and how this bleeds into risk-on/risk-off rotation. Energy shocks still move markets.
Zero exports. Zero revenue.
So what exactly is Iran's new oil minister managing? Empty pipelines?
This matters for macro:
→ Tighter supply = oil price support
→ Sanctions actually working = geopolitical risk premium stays elevated
→ Could shift liquidity flows if energy markets squeeze
Watch $WTI and how this bleeds into risk-on/risk-off rotation. Energy shocks still move markets.
