@SullyCNBC That’s not an insurers account and if you pay attention to the video you can notice there is a ton on AIS spoofing to give the impression transit is happening sir
@DarioCpx For clarity I mean if Iran were to not only sign on the dotted line but cooperate fully. The damage is done, the fuse appears to be lit yet oil is going down...?
Price based demand destruction appears to be necessary.
@DarioCpx Even if Iran signs and joins the USA, the wells in the middle east need to be brought back online and shipments need to be sent out again....
Price shock seems inevitable based on inventory drawdowns. Oil pricing is confusing as the functional reserves are nearly gone...