>Oil flows in the Strait of Hormuz have sharply rebounded:>Persian Gulf crude oil exports surpassed 14 million barrels per day last week for the first time since the Iran War began on February 28th.>This marks an over +210% increase from the ~4.5 million barrels per day low seen in March.>As a result, the 4-week average is up to 14 million barrels per day, the highest level in 6 months.>Persian Gulf crude oil exports have now recovered to ~80% of their pre-war levels.>This comes as the US military has increasingly secured the Strait of Hormuz and established a two-way shipping corridor along the coast of Oman, allowing oil convoys to resume through the waterway.
>>543784492False
>>543784492May we see the 15 million barrels a day?Because the 15 million barrels before the war were very visible.
Xi has also been twisting the screws on Iran because the high fuel prices are terrible for the world's largest energy importer. Iran has no frens left except for Russia, and Putin said that Israel is practically a Russian speaking country.
>>543784492How? Are they just parking aegis in the middle of the strait and hope for the best?
>>543784492>Iran has completely lost control of the Strait of Hormuz>>Oil flows in the Strait of Hormuz have sharply rebounded:>>Persian Gulf crude oil exports surpassed 14 million barrels per day last week for the first time since the Iran War began on February 28th.>>This marks an over +210% increase from the ~4.5 million barrels per day low seen in March.>>As a result, the 4-week average is up to 14 million barrels per day, the highest level in 6 months.>>Persian Gulf crude oil exports have now recovered to ~80% of their pre-war levels.>>This comes as the US military has increasingly secured the Strait of Hormuz and established a two-way shipping corridor along the coast of Oman, allowing oil convoys to resume through the waterway.>>543784768>Xi has also been twisting the screws on Iran because the high fuel prices are terrible for the world's largest energy importer. Iran has no frens left except for Russia, and Putin said that Israel is practically a Russian speaking country.
>>543784492>according to the Trump administrationLMAO
Ready for $15+ Diesel? :^)The world is facing three overlapping shocks: an oil-supply shock, a shipping shock, and a refinery shock. Separate conflicts and disruptions around the world are interacting with an oil system that is already highly interconnected, meaning a problem in one region can quickly affect fuel prices, transportation, food production, and economies elsewhere. The first major problem is the loss or disruption of oil production and supply. When significant sources of crude become unavailable, countries compete for the remaining supplies. That pushes prices upward and creates uncertainty for industries that depend heavily on petroleum. Oil isn't simply a commodity that moves directly from producers to consumers; it travels through a complicated global network, so disruptions can have consequences far beyond the countries where they originate.The second problem is shipping. Much of the world's oil moves by tanker through strategically important waterways. When war or other security threats make these routes dangerous, ships may have to take longer routes, insurance costs rise, and fewer tankers are available to move oil. This effectively creates another bottleneck, making an already-constrained oil market even tighter. This is a shipping shock that compounds the original supply problem. The third issue is refining. Crude oil isn't directly usable for most purposes; it has to be processed into products such as gasoline, diesel, and jet fuel. Damage or disruption to refineries can therefore create shortages even when crude oil itself is available. The combination of constrained production, disrupted shipping, and limited refining capacity means that the effects can spread throughout the global economy. These crises reinforce one another. A disruption in one part of the oil system puts additional pressure on the others, potentially producing a much larger economic shock than any single event would cause on its own.https://youtu.be/OETnuwwsv9U
muslim loving zuttboys are SEETHING
>>543785093China will implode at $15 diesel.
>>543785158China is building fusion reactors and has a capacity to scale up existing designs. The US will implode long before then
>>543784492>Amerimutt terrorist propaganda mouthpiece claimsOh the same Amerimutts that claimed Iran didnt hit Amerimutt pirate ships but ok they hit them but only half a dozen Amerimutt pirates where wounded and but the wounds werent that bad ok the crews are comitting suicide but...
>>543784492OH NO IRANNY TRANNYSPOOL STATUS
It’s slow and boring but Bessent works.
>>543785488ok wumao
