>opex today>yemen closing their strait at noonyou did short right?
>>62123512Ohnoes, not he straight! Watammagonnado?!
stuff doesn't affect the stock market anymore
>>62123512We pumping bobro, better exit now. Tomorrow is the pump day.
>>62123512Green all day today faggotBobos always lose
It takes one sophisticated retard to think any major power would let the towel monkeys in Yemen even come close to closing the Suez which is what cutting off Bab-al-mandeb would do. Gurantee you Egypt would immediately drop kick their shit.
>>62123779They've recently done it before, retard.
>>62123786And how did that work out retard?
>>62123787For the Houthis? Fairly fine since they maintained the blockade until the Israel Hamas ceasefire.
>>62123802>blockadeUnless im missing something all they have are rafts. And caused a small increase in insurance premiums
>>62123816You missed the part where they used drones and missiles on commercial ships going to Israel and major shipping companies were avoiding the area.
>>62123512
>>62123802lmao ships just ignored them and sailed through it anyway, nice "blockade"
>>62123829>Example: In 2023, approximately 8.6 million barrels per day of crude oil, condensates, and refined petroleum products flowed through the Bab el-Mandeb Strait, according to the U.S. Energy Information Administration (EIA). However, during the first eight months of 2024, this volume decreased by over 50 %, averaging 4.0 million barrels per day. This decline is primarily attributed to attacks by Houthi militias in Yemen, prompting many vessels to avoid this strategic route and opt for longer journeys around the Cape of Good Hope.https://www.coface.ch/news-publications-insights/bab-el-mandeb-strait-tension-at-a-global-trade-routeApparently ships didn't just ignore them.
How much longer before oil goes negative again?