🚨 G7 finance ministers held an emergency call to discuss a coordinated Strategic Petroleum Reserve release led by the IEA.

The proposal:
➡️ 300–400 million barrels

To put that in perspective:

• IEA governments hold 1.24B barrels of emergency stocks
• Industry holds another 600M barrels

A 400M barrel release would equal:

⚠️ 30% of government reserves
⚠️ More than double the previous record release

Combined government + industry stocks equal roughly one month of global oil demand.

This intervention would burn a significant part of that buffer in one move.

🚨 Strikes Shift Toward Iran’s Energy System

US–Israeli airstrikes are now targeting Iran’s domestic #energy infrastructure, marking a clear escalation.

Earlier attacks focused on nuclear sites and military assets.

This time the strikes hit the systems that power Iran’s economy.

• Major fuel depots serving Tehran destroyed
• Key energy infrastructure targeted

The objective is clear...disrupting the energy backbone that funds and sustains the state.

#oott

🚢 Ships Are Still Crossing the Strait of Hormuz

Tankers are reportedly switching off their AIS transponders before entering the Strait of Hormuz.
Then turning them back on after exiting.

That means the vessels are still moving oil.

But no one can track them in real time.

This creates 2 problems for markets:

• True traffic levels become almost impossible to measure
• Risk for insurers and charterers skyrockets

So the strait may not be fully closed.

But it’s becoming a black box for global oil flows🛢️

#oott

🚨 MASSIVE CRASH IN OIL.

Oil price just crashed -32% in the last 18 hours, from a high of $119 to $82.

Two main reasons:

1) G7 and IEA announced the release of 400 million barrels from reserves.

2) Trump signaled an end to the war soon and emergency options to lower oil prices.