Is the regime in Iran soon to be toast?

Physical Brent crude surged above $154 per barrel, its highest level since records began in 1991.

The gap between physical oil prices and Brent futures has widened to a record $50+ per barrel.
Buyers are paying huge premiums to secure immediate oil supplies as disruptions in the Strait of Hormuz and tanker shortages continue.

This shows just how serious the global oil supply situation has become.



 
This should turn your stomach

 
Good to see the Strait is fully under control per Trump

 

 
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  • Wow
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Ugly

 
  • Wow
Reactions: johnfitz