@ALikhodedov@tleilax___ That was my general takeaway, no matter how I poke at it I can't get to these numbers and I have a lot of doubts on whether Iran would have let it happen as well
But I don't do my own satellite tracking so it's hard to invalidate 100% even if my skepticism is as high
Remember when the fucking gay oil people said oil would run out in April
And then nothing happened even though the Strait is still closed and they're back at war
Trump is now getting 2Mb/d out of the Strait
Hormuz doesn't matter
It's so over for oil bulls, the price tells all
@phileeppos Oil bull here (so be aware of my bias), but this was a larger than average surge of ship-to-ship transfers over the weekend and not sustainable traffic flows
It only covers 4 days of China's lost imports
However I think the market is using it as hopium so it has some effect
@phileeppos@tleilax___@r_walk7 Someone shared the quote from one of the trading groups that I'm in, I don't have access to the full note. This is what I have