Tsunder

[NoLimit @NoLimitGains]

JUST NOW: Iran is running out of places to store its oil, with only 12 to 22 days of storage capacity left.

The Hormuz blockade is now an economic chokehold.

Key details:

1: Iran’s oil storage is nearing a breaking point, with only 12 to 22 days of remaining capacity before tanks are completely full and exports grind to a halt

2: A Japanese tanker, Idemitsu Maru, is actively attempting to cross the Strait of Hormuz, testing the blockade in real time per shipping data

3: Ukraine has again struck Russia’s Tuapse oil refinery, a second front on global energy supply opening simultaneously

4: Oil prices are surging as US-Iran talks stall, Trump is reportedly unhappy with Iran’s offer on Hormuz, per multiple reports

5: Trump is expected to address Iran’s nuclear proposal shortly as oil prices continue to climb, a presidential statement could come at any moment

Iran has nowhere to send its oil and nowhere to store it. Every day the blockade holds, the pressure multiplies.

I’ll keep you updated, turn on notifications this is very important.

A lot of people will wish they followed me sooner.

[Tsunder @WeigleD]

@RoaringKitty I like that