The UAE is not waiting for Hormuz to reopen.
It is building around it.
DP World is in talks to develop a new multipurpose port at Fujairah, on the UAE's east coast, outside the strait entirely.
Containers would move overland by truck to Dubai, Abu Dhabi, and neighboring Gulf states instead of transiting Hormuz by sea.
This is not a shipping detour. It is regional infrastructure being redrawn around a chokepoint nobody trusts anymore.
It is building around it.
DP World is in talks to develop a new multipurpose port at Fujairah, on the UAE's east coast, outside the strait entirely.
Containers would move overland by truck to Dubai, Abu Dhabi, and neighboring Gulf states instead of transiting Hormuz by sea.
This is not a shipping detour. It is regional infrastructure being redrawn around a chokepoint nobody trusts anymore.
Trump just named the US “The Guardian of the Hormuz Strait.”
And attached a price.
• Strait declared OPEN with or without Iran
• “The Iranian Blockade” reinstated blocks only Iran’s ships
• Every other country: free passage
• The catch: a 20% toll on all cargo shipped through
Translation: the US just turned the world’s most fought-over waterway into a toll road.
And named itself the toll collector. 🇺🇸💰
And attached a price.
• Strait declared OPEN with or without Iran
• “The Iranian Blockade” reinstated blocks only Iran’s ships
• Every other country: free passage
• The catch: a 20% toll on all cargo shipped through
Translation: the US just turned the world’s most fought-over waterway into a toll road.
And named itself the toll collector. 🇺🇸💰
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Trump just said the US will keep the Strait of Hormuz. Not police it.
Keep it.
"We are going to keep the Strait. But now we will make money."
Keep it.
"We are going to keep the Strait. But now we will make money."
In honor of Senator Lindsey Graham, a great supporter of ours, the U.S. Senate must pass the CLARITY Act.
China and many other countries want to gain total control over this vital financial sector, as well as the field of artificial intelligence, where we are currently leading, but where they are waging a fierce battle.
Don't let China win in either of these areas!!!
P.S. Senator Lindsey Graham passed away on Sunday night.
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Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
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Hormuz vessel traffic fell 52% week over week in the first half of July, per #MarineTraffic.
Operators are increasingly running dark or shifting to Iranian-controlled routes instead of the standard IMO and Omani corridors.
Traffic is still collapsing.
Confidence, not confirmed damage, is now the binding constraint on the strait.
Operators are increasingly running dark or shifting to Iranian-controlled routes instead of the standard IMO and Omani corridors.
Traffic is still collapsing.
Confidence, not confirmed damage, is now the binding constraint on the strait.
Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
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US just used sea drones in combat for the first time, striking an Iranian ship facility.
The stated objective: reduce the attacks on commercial shipping that have kept insurance premiums and defensive routing elevated all month.
If it works, that is the first real data point pointing toward Hormuz traffic normalizing rather than collapsing further.
The stated objective: reduce the attacks on commercial shipping that have kept insurance premiums and defensive routing elevated all month.
If it works, that is the first real data point pointing toward Hormuz traffic normalizing rather than collapsing further.
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Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
Russia's crude output just fell to its lowest level in at least 2.5 years.
834,000 barrels a day below its own OPEC+ quota.
Required output has been rising toward 9.8 million barrels a day.
Actual output fell to 8.928 million in June, and the gap is still widening.
Ukraine's campaign against Russian energy infrastructure showing up in the crude number, not just the refined product number.
834,000 barrels a day below its own OPEC+ quota.
Required output has been rising toward 9.8 million barrels a day.
Actual output fell to 8.928 million in June, and the gap is still widening.
Ukraine's campaign against Russian energy infrastructure showing up in the crude number, not just the refined product number.
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🇨🇭 Global One SI - Prompt
Trump just named the US “The Guardian of the Hormuz Strait.” And attached a price. • Strait declared OPEN with or without Iran • “The Iranian Blockade” reinstated blocks only Iran’s ships • Every other country: free passage • The catch: a 20% toll on all…
The US is about to charge $30 million per tanker to cross the Strait of Hormuz.
Trump just declared the US the "Guardian of the Hormuz Strait" and said it will take a 20% cut on all cargo passing through.
Here is what that actually means.
A fully loaded supertanker carries about 2 million barrels of oil. At $75 a barrel, that cargo is worth roughly $150 million.
A 20% fee on that is $30 million. Per ship. Per crossing.
Now compare that to what Iran was charging.
Iran's toll has been running at $1.5 million to $2 million per vessel. On a $150 million cargo, that is about 1.3%.
Trump called that toll unacceptable. His replacement is roughly 15 times more expensive.
The scale of this is what nobody is talking about.
Before the war, 20.3 million barrels of oil crossed Hormuz every single day. At $75 oil, that is $1.52 billion of crude moving through the strait daily.
A 20% cut on that comes to roughly $304 million a day.
That is about $111 billion a year.
For comparison, Iran's entire toll system was projected to earn $1 billion to $2 billion a year at best.
The US plan would collect more than 50 times that.
There is no precedent for this anywhere in global trade.
The Suez Canal charges roughly $300,000 to $700,000 per vessel. The Panama Canal is similar. Both are man-made canals that countries built and maintain.
Hormuz is a natural waterway. Under international law, ships have a right of transit passage through it. That is the exact legal argument the US used against Iran's toll.
And the cost does not land on the US.
It lands on Saudi Arabia, the UAE, Qatar, Kuwait, and Iraq, who ship the oil. And on China, India, Japan, and South Korea, who buy it.
A $30 million fee per tanker works out to $15 per barrel. That gets passed straight into the price of crude.
Oil is already up over 4% today.
The strait that was supposed to reopen and lower prices is now being turned into the most expensive stretch of water on earth.
Trump just declared the US the "Guardian of the Hormuz Strait" and said it will take a 20% cut on all cargo passing through.
Here is what that actually means.
A fully loaded supertanker carries about 2 million barrels of oil. At $75 a barrel, that cargo is worth roughly $150 million.
A 20% fee on that is $30 million. Per ship. Per crossing.
Now compare that to what Iran was charging.
Iran's toll has been running at $1.5 million to $2 million per vessel. On a $150 million cargo, that is about 1.3%.
Trump called that toll unacceptable. His replacement is roughly 15 times more expensive.
The scale of this is what nobody is talking about.
Before the war, 20.3 million barrels of oil crossed Hormuz every single day. At $75 oil, that is $1.52 billion of crude moving through the strait daily.
A 20% cut on that comes to roughly $304 million a day.
That is about $111 billion a year.
For comparison, Iran's entire toll system was projected to earn $1 billion to $2 billion a year at best.
The US plan would collect more than 50 times that.
There is no precedent for this anywhere in global trade.
The Suez Canal charges roughly $300,000 to $700,000 per vessel. The Panama Canal is similar. Both are man-made canals that countries built and maintain.
Hormuz is a natural waterway. Under international law, ships have a right of transit passage through it. That is the exact legal argument the US used against Iran's toll.
And the cost does not land on the US.
It lands on Saudi Arabia, the UAE, Qatar, Kuwait, and Iraq, who ship the oil. And on China, India, Japan, and South Korea, who buy it.
A $30 million fee per tanker works out to $15 per barrel. That gets passed straight into the price of crude.
Oil is already up over 4% today.
The strait that was supposed to reopen and lower prices is now being turned into the most expensive stretch of water on earth.
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US government right now:
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🇺🇸 U.S. Navy: Implementation of the naval blockade on Iran has begun.
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🇨🇭 Global One SI - Prompt
We're all in the same boat with Mythos / Fable guys! Source: Trust me bro!
ARE YOU TOKENMAXING
OR ARE YOU STAYING IN THE PERMANENT UNDERCLASS
OR ARE YOU STAYING IN THE PERMANENT UNDERCLASS
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Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
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A new front just opened.
Houthi forces claim they struck Abha Airport inside Saudi Arabia, in response to Saudi strikes that closed Sana'a Airport.
Houthis are now warning airlines to avoid Saudi airspace entirely until their blockade ends.
Every other front this week hit Iran, Russia, or shipping lanes.
The country setting OSP prices for the entire market is now inside the conflict zone .
Houthi forces claim they struck Abha Airport inside Saudi Arabia, in response to Saudi strikes that closed Sana'a Airport.
Houthis are now warning airlines to avoid Saudi airspace entirely until their blockade ends.
Every other front this week hit Iran, Russia, or shipping lanes.
The country setting OSP prices for the entire market is now inside the conflict zone .
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Forwarded from 🛢WTI, Brent Crude Oil, NGAS Trading 📊
The US-Iran MOU lasted less than a month.
US Central Command will reimpose a full blockade on Iranian ports starting 20:00 UTC on July 14, reversing the lift that took effect just weeks ago.
This is the concrete version of what Trump told Fox last week. Not just "we'll keep the strait." An actual blockade, with an effective timestamp.
The ceasefire is not being renegotiated. It is being reversed.
US Central Command will reimpose a full blockade on Iranian ports starting 20:00 UTC on July 14, reversing the lift that took effect just weeks ago.
This is the concrete version of what Trump told Fox last week. Not just "we'll keep the strait." An actual blockade, with an effective timestamp.
The ceasefire is not being renegotiated. It is being reversed.
Trump just formally restarted the war with Iran, in a letter sent to Congress on July 10.
He said the US will hit Iran "hard" tonight and tomorrow, and called the MOU "only a test for Iran."
An address to the nation is set for Thursday at 9 PM ET.
My portfolio was built for exactly this outcome.
He said the US will hit Iran "hard" tonight and tomorrow, and called the MOU "only a test for Iran."
An address to the nation is set for Thursday at 9 PM ET.
My portfolio was built for exactly this outcome.
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🇨🇭 Global One SI - Prompt
$ORCL/USD H2 #Indicator #Signal #Trading #GlobalOneAI
Oracle $ORCL fell 6.5% today and is about to cross the critical 60 month support level as concern over AI data center spending continues to worsen.
If the selloff continues, this will be the first time it has broken this trendline since August 2001.
If the selloff continues, this will be the first time it has broken this trendline since August 2001.