Massive fire at Abqaiq. All 6 stabilization trains heavily damaged.
Jizan refinery ablaze.
Kazakhstan exporting half of what it should.
Immobility in the Bab al Mandeb because of zero Lloyd’s insurance.
No action in the Strait of Hormuz.
And the price of a barrel of oil is going down?
A long dark cloud is actually coming down.
So to recap: The heart of Saudi oil processing = offline. The main bypass pipeline around the Strait of Hormuz = also attacked. And oil is... cheaper?
Sure. Why not. Makes total sense. 🙃
Brilliant reason for oil prices to drop today. It makes about as much sense as umbrellas going on a 70% clearance sale the exact moment a Category 5 hurricane slams into the coastline.
https://t.co/Mntg79TjgT
Confirmed oil flow through the Strait of Hormuz has collapsed to ~4 MMbpd on a trailing 10-day average basis.
Down from ~15 MMbpd in late-June and at the lowest level since late-May.
The gap between geopolitical reality and market reaction has never been wider. Supply risk? Ignored. Algorithmic hunting? Prioritized. Welcome to finance in 2026, where a missile in Yemen is less important than a mouse click in Manhattan. 🎯📉
5/5 Real buyers in Asia still pay 140+ per barrel. Screen shows81. Banks don't need oil. They need volatility. Welcome to the world's most expensive video game. 🎮📉
Think the fear of losing money is what drives the market?
Think again.
As highlighted in the video, decades of market experience prove one undeniable truth: greed is a far more powerful emotion than fear.
#fear#greed