TRUMP SAYS WE WILL HIT IRAN THEY HAVE NOT SEEN BEFORE IF DEAL IS NOT REACHED
🤣11🙉1
Monitoring The Situation
Why is the Price of Oil Not Higher? cc Morgan Stanley / JB
“Even if the strait reopened tomorrow, the time required to restart fields, repair refineries and reposition tanker tonnage means the market is on track to lose another billion barrels over the balance of 2026,” they said
👍4🔥2
In short, America’s selling while China ain’t buying
US exports and China-led cautious buying patterns among importers have, in effect, been shielding the world from the supply shock. The actions of cautious buyers have therefore exceeded, by 4.1mn barrels a day, the 6.8mn net contraction of seaborne export supply estimated by Morgan Stanley,
Can China maintain import flows at the current low levels for as long as the Strait remains closed? Morgan Stanley says maybe (lack of data cited)
And can the US maintain the current pace of exports? Morgan Stanley says possibly not
(Looks like even MS not expecting SOH opening before June)
The "Buffer" is Working (For Now) BUT Clock Is Ticking
And If the Strait of Hormuz stays closed into late June, then U.S. will have to stop exporting to protect its own supply, and China will eventually run out of stored oil
US exports and China-led cautious buying patterns among importers have, in effect, been shielding the world from the supply shock. The actions of cautious buyers have therefore exceeded, by 4.1mn barrels a day, the 6.8mn net contraction of seaborne export supply estimated by Morgan Stanley,
Can China maintain import flows at the current low levels for as long as the Strait remains closed? Morgan Stanley says maybe (lack of data cited)
And can the US maintain the current pace of exports? Morgan Stanley says possibly not
(Looks like even MS not expecting SOH opening before June)
The "Buffer" is Working (For Now) BUT Clock Is Ticking
And If the Strait of Hormuz stays closed into late June, then U.S. will have to stop exporting to protect its own supply, and China will eventually run out of stored oil
❤4🤣2🔥1
TRUMP MEETING WITH NATIONAL SECURITY TEAM ON IRAN MONDAY - AXIOS
❤1
TRUMP CONSIDERING TWO OPTIONS, EITHER RESUMING PROJECT FREEDOM OR RESUME THE BOMBING CAMPAIGN & STRIKE THE 25% OF TARGETS THE U.S. MILITARY IDENTIFIED BUT HAS YET TO STRIKE
🖕7❤1🔥1🤣1
old but interesting: The United Arab Emirates has carried out military strikes on Iran in early April around the time Trump was announcing a cease-fire. Iran said at the time that the refinery had been struck in an enemy attack and launched a barrage of missile and drone strikes against the U.A.E. and Kuwait in response.
(Iran knew so don't think this news gonna change current situation in any way)
(Iran knew so don't think this news gonna change current situation in any way)
❤5