1/ This is what $200 per barrel of oil would mean for US gas prices, which currently average $4.30 per gallon. It could go much higher. As one analyst says, once oil stockpiles are functionally exhausted by the end of May, "price increases become exponential rather than linear."

1/ Oil prices will rise to at least $140 per barrel by June if the Strait of Hormuz is not reopened by July, and will not return to pre-Iran War levels before 2028 even in a best-case scenario, predicts Goldman Sachs. It warns of price surges and major economic impacts. ⬇️

Yesterday I wrote that Reza Pahlavi is a U.S. citizen, and published the document, many Iranians were stunned. But this is not a technicality. It cuts straight to the core of his entire political claim. Think about it: the man who presents himself as the leader of an Iranian

BREAKING: It has now been confirmed that the IRGC Navy launched anti-ship missiles at the French-operated container ship CMA CGM San Antonio (IMO: 9294173) in the Strait of Hormuz, causing injuries among members of its Filipino crew. The Malta-flagged vessel was targeted near

Exports at the Port of Fujairah have collapsed following the May 4 attack. Windward’s Maritime Intelligence Operations Center (MIOC) data shows wet cargo departures plummeted from a 30-day average of ~3.5–4 million barrels per day to just 500k on May 5. Maritime visibility is

Norway just made a 20 year bet on European gas security. APA 2026: 70 new offshore exploration blocks across the Barents Sea, Norwegian Sea, and North Sea. Not frontier wildcats mature, infrastructure-adjacent acreage designed to produce fast Separately: Oslo approved

Dark activity in the Strait of Hormuz has surged following the launch of Operation Epic Fury. Windward MIOC data shows a significant spike in vessels switching off AIS to evade detection in the increasingly contested corridor. - Dark activities peaked at 671 incidents on May 2,

Adnoc appears to have discreetly exported another LNG shipment via Hormuz 🇦🇪🚢 Mraweh was empty when it stopped transmitting its location east of Hormuz in April. Then it reappeared today loaded, heading to Japan If confirmed, would be 2nd LNG export via Hormuz since Iran war

Why bombing Moscow is crutially important? Because there is two russias - the one inside MKAD (Moscow) and outside MKAD - everything else. No one inside MKAD cares what happens outside MKAD if it has no effect on Moscow's life quality. Let's talk MKAD It's where Russia ends

"I've never seen anything like it before." Oil storage tanks in the United States will run empty "somewhere in the July 4 period," Carlyle's Jeff Currie tells Francine Lacqua bloom.bg/4niuf4G

14/ A prompt reopening will only restore 70% of supply after several weeks, according to Goldman Sachs, while full supply will not resume until 2027. Demand for oil may have fallen a bit due to limited demand destruction caused by high prices, but not enough to balance drawdowns.

15/ Despite a roughly 80% increase in oil prices earlier in the year, global demand has remained high, with total demand predicted to remain at around 104.3 million barrels per day for 2026. However, the current rate of drawdown from stockpiles cannot be sustained much longer.

PHOTO OF THE DAY: Far from exploding, Iranian oil wells are pumping and pumping (don't believe everything the White House says). According to Copernicus EU Sentinel-2 imagery, Iran was loading today three (3 !!!) tankers simultaneously at Kharg Island (🛰️📷 May 6 @ 7.16am GMT)

Reports about Israeli assassination strike in the southern outskirts of the capital of Lebanon, Beirut, this evening. The strike reportedly targeted the commander of Hezbollah's Radwan Force, Malek Balut. The Radwan Force is a special operations unit of Hezbollah. This is the

President Trump said Wednesday he expected the stock market to be down 20-25% amid the U.S. war with Iran, and told reporters, “I was willing to do that to get rid of a crazy country.” “And I thought oil prices would go to $200-$250,” the president said. “Even if it went to

🚨 Ghalibaf tells Iranians to accept austerity and rising prices in a “new phase of economic war” - while offering no sacrifices from regime elites. In an audio message to the Iranian people, Ghalibaf warned that Iran is facing mounting economic pressure, possible military

a must read if you are interested in global helium market, which is in an acute supply-shortage phase, driven primarily by the shutdown of Qatar’s Ras Laffan complex which pushed the market from “tight to crisis”. otcmarkets.com/research-repor…

⚓️ US War Fleet Update First of all, the USS Fraidy Abe (CVN-72) is lurking east of the tip of Oman, about 400 km south of the Iranian coast in the northern Arabian Sea. The USS Bush League (CVN-77) is, at last report, cowering about 800 km away from the Iranian coast. Neither

🛢️ Iran Offers Maritime Services to Hundreds of Stranded Ships in Hormuz Iran’s Ports and Maritime Organization issued a message Wednesday to commercial ship commanders in the Strait of Hormuz, announcing that Iranian ports are fully prepared to provide maritime services,

I find it extremely difficult to believe this narrative. There is no need whatsoever to use Saudi bases when facilities already exist in the UAE, Qatar, Kuwait, Oman, and Bahrain. In reality, that was not the reason for the postponement. It was, once again, pressure from the