#oil 🇺🇸🇮🇷 White House Press Secretary:
- The US has destroyed more than 50 Iranian ships.
- The US military is taking steps to dismantle the infrastructure for missile production.
- We are moving forward, our goals remain the same.
- Trump is confident that we will quickly achieve our goals.
❗The US Navy has offered to escort tankers if necessary.
❗Trump is not afraid to use oil options.
- Oil prices will drop after the completion of the operation in Iran.
- The initial schedule for the war with Iran was 4-6 weeks, but the goals are being achieved ahead of schedule.
- As for ground troops, Trump does not rule out such a possibility.
- The war will not end until the US achieves its goals in Iran.
❗Axios: The US is asking Israel to stop strikes on Iran's energy infrastructure.
- The US has destroyed more than 50 Iranian ships.
- The US military is taking steps to dismantle the infrastructure for missile production.
- We are moving forward, our goals remain the same.
- Trump is confident that we will quickly achieve our goals.
❗The US Navy has offered to escort tankers if necessary.
❗Trump is not afraid to use oil options.
- Oil prices will drop after the completion of the operation in Iran.
- The initial schedule for the war with Iran was 4-6 weeks, but the goals are being achieved ahead of schedule.
- As for ground troops, Trump does not rule out such a possibility.
- The war will not end until the US achieves its goals in Iran.
❗Axios: The US is asking Israel to stop strikes on Iran's energy infrastructure.
👀1
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
$BATL $OXY $XOM $COP $CVX | CBS News reports U.S. intelligence is seeing signs Iran is preparing to mine the Strait of Hormuz.
With over 5,000 mines in Tehran's arsenal, U.S. forces are preemptively striking mine laying vessels to prevent a total shutdown of global oil flows.
With over 5,000 mines in Tehran's arsenal, U.S. forces are preemptively striking mine laying vessels to prevent a total shutdown of global oil flows.
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
🛢️ Oil Jumped $10 In 50 Minutes After Reports Iran Is Mining Hormuz
💥Today’s oil volatility was not random
It was the market repricing the probability of a prolonged shipping blockade.
1️⃣ Oil Sold Off
Earlier in the day crude prices dropped sharply.
2 drivers triggered the selloff:
• Trump said the Iran war could end “very soon”
• Talk of IEA/G7 emergency oil stock releases
That narrative suggested a quick reopening of the Strait of Hormuz.
Funds took profits.
#Brent and #WTI briefly fell back into the high-$70s / low-$80s range.
2️⃣ Mines In Hormuz
Then the story changed.
US intelligence reports indicated Iran may be deploying naval mines in the Strait of #Hormuz.
Markets reacted immediately.
Oil jumped more than $10 per barrel in about 50 minutes as traders realized:
➡️ This is no longer just political tension
➡️ It could become a physical shipping blockade
⚙️ Why Mines Change Everything
Missiles or drones create risk.
Mines create closure.
In a narrow chokepoint like Hormuz they:
• Persist in the water
• Require specialized clearing operations
• Increase insurance costs dramatically
• Keep tankers away even after the conflict cools
Clearing a mined strait can take weeks or even months.
📊 Where Oil Closed
Despite the intraday surge, official settlements were lower:
• WTI $83.7/bbl
• Brent $92.1/bbl
Still 30% higher than a month ago.
Today’s oil round-trip tells the story perfectly.
The selloff priced a quick ceasefire.
The $10 spike priced the possibility that the world’s most important oil artery could be mined.
And until tanker traffic normalizes.
The market will keep trading every headline out of Hormuz.
#oott
💥Today’s oil volatility was not random
It was the market repricing the probability of a prolonged shipping blockade.
1️⃣ Oil Sold Off
Earlier in the day crude prices dropped sharply.
2 drivers triggered the selloff:
• Trump said the Iran war could end “very soon”
• Talk of IEA/G7 emergency oil stock releases
That narrative suggested a quick reopening of the Strait of Hormuz.
Funds took profits.
#Brent and #WTI briefly fell back into the high-$70s / low-$80s range.
2️⃣ Mines In Hormuz
Then the story changed.
US intelligence reports indicated Iran may be deploying naval mines in the Strait of #Hormuz.
Markets reacted immediately.
Oil jumped more than $10 per barrel in about 50 minutes as traders realized:
➡️ This is no longer just political tension
➡️ It could become a physical shipping blockade
⚙️ Why Mines Change Everything
Missiles or drones create risk.
Mines create closure.
In a narrow chokepoint like Hormuz they:
• Persist in the water
• Require specialized clearing operations
• Increase insurance costs dramatically
• Keep tankers away even after the conflict cools
Clearing a mined strait can take weeks or even months.
📊 Where Oil Closed
Despite the intraday surge, official settlements were lower:
• WTI $83.7/bbl
• Brent $92.1/bbl
Still 30% higher than a month ago.
Today’s oil round-trip tells the story perfectly.
The selloff priced a quick ceasefire.
The $10 spike priced the possibility that the world’s most important oil artery could be mined.
And until tanker traffic normalizes.
The market will keep trading every headline out of Hormuz.
#oott