Derry Lamb

[Derry Lamb @derry_lamb]

@GavMcCracken They legit said it would be bad for "flash events" a week or two ago lol

IE: Weekend wars

[Steve Hanke @steve_hanke]

An average of 59 tankers crossed the Strait of Hormuz each day in June 2025.

On June 26, ONLY EIGHT tankers crossed the Strait.

FORGET THE HYPE ABOUT THE STRAIT BEING OPEN.

[Derry Lamb @derry_lamb]

@kokus @OilandEnergy They're not if refiners still have to sell their products at high margins lol...

Not to mention physical barrels go for more than the paper market.

[Derry Lamb @derry_lamb]

@r_walk7 @GavMcCracken MOU wasn't signed until mid June!

The strait only opened up for 3 days at 50% pre-war capacity. Peaking at one day having 20M barrels out. Most of which went to China.

[Derry Lamb @derry_lamb]

@toiletkingcap Wow with the supply gut, I wonder why the US is so intent on making sure the strait returns to normal?

[Derry Lamb @derry_lamb]

@Amena__Bakr You know what would actually end the war.

High oil prices.

Why?

It's the only thing Trump fears.

[Derry Lamb @derry_lamb]

@Bright_Sun69 @Pivot2Centre Buddy, Bahrain is the main Navy hub.

They've already blown up like 8 bases in the Middle East.

[Derry Lamb @derry_lamb]

@calvinfroedge At least the US is learning from their 2021 mistake of letting Russian oil profit insanely off a huge (eventually) oil price spike.

[Derry Lamb @derry_lamb]

@YusefAlphonso @willrayvalentin Gonna be a wonderful Monday of Axios and Al Aribya ceasefire/peacedeals and 4:35 US airstrikes.

[Derry Lamb @derry_lamb]

@Bright_Sun69 @Pivot2Centre

[Derry Lamb @derry_lamb]

@RealPeterLinder Oil stocks though, oh they'll be up lol

[Derry Lamb @derry_lamb]

@RealPeterLinder $73.

Goes back down to $71 because idk, Axios/Al Arabya says de-escalation and back channels are in order.

Iran probably shoots a ship or two, somehow doesn't matter.

Theoretically people should be buying now, because the IEA SPR are drawn down significantly next week.

[Derry Lamb @derry_lamb]

@RealPeterLinder Also, most of the IEA's barrels handed out are drastically run down by another 50% to start July and are practically done by August 1st.

So inventories have to be maintained soon.

Resumption of war when US needed hormuz flow is bad for the US.

[Derry Lamb @derry_lamb]

@RealPeterLinder So the conspiracy theorist in me says, until July 1st There still won't be a massive increase in WTI.

China/US have some sort of deal (China cut 50% of it's imports the day after Trump went to China in May) and that China will be buying soon, because they have to.

[Derry Lamb @derry_lamb]

@ryan_landay @GavMcCracken More bombs in Bahrain. I think I've seen some videos of damaged buildings, not just military.

https://t.co/hilAlCDrfX

[Al Jazeera Breaking News @AJENews]

BREAKING: Bahrain says siren activated again

🔴 LIVE updates: https://t.co/9wuZTsLHxE

[Derry Lamb @derry_lamb]

@ryan_landay @GavMcCracken Idk what's going on in Iraq.

RT is tweeting about it like the US embassy is about to get over run.

I'd assume they'd be tweeting about how it's unlawful if it was the other way around.

[Derry Lamb @derry_lamb]

@ryan_landay @GavMcCracken They actually escalated the war the last week at the perfect time.

US needed the Oman route to send the world back to normal as inventories were drawn horribly.

Iran replenished missiles/drones/anti-aircraft. US meanwhile needed another week or two of getting 10-20mbs out a day

[Derry Lamb @derry_lamb]

@EricAdamsFanBoy @Kitboz_ @souljagoyteller Yes, but he wrote to Nixon many times about the communism and how he voted for him lol.

[Derry Lamb @derry_lamb]

@EricAdamsFanBoy @Kitboz_ @souljagoyteller Graham loved him some Nixon though.