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#crude

I am not buying the narrative that / is losing its grip on . oil might be flowing to almost pre-war levels (who kno

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I am not buying the narrative that / is losing its grip on . oil might be flowing to almost pre-war levels (who knows!), but that brings little to nothing to the actual chock point which is refinery capacities as evidenced by rising prices. note that no refined products, LNG ...etc are leaving . I guess iran is giving good gesture, and can be an off-ramp for

Top Overnight News

Iran’s ability to choke off oil flowing through the Strait of Hormuz—and use that as leverage in talks with the U.S.—is breaking down, raising the risk it will resort to military escalation to bolster its position. WSJ

Crude oil exports from key Middle East producers rebounded in September to 16.328 million barrels per day (bpd), the highest since the US-Israeli war on Iran started in late February, data from Kpler showed on Monday, as Saudi Arabia and the United Arab Emirates boosted exports. RTRS

President Trump is willing to give Iran sanctions relief and release Iranian frozen funds in return for concrete Iranian steps regarding the nuclear program, U.S. officials say. But Trump took to Truth Social Monday evening to say such reports were "untrue." Axios

Nvidia has held talks with insurance companies about shouldering the risks of lending against its chips as chief executive Jensen Huang pushes to unlock more demand for its semiconductors beyond Big Tech grou

#iran #trump #irgc #straitofhormuz #hormuz #diesel #crude

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