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Author: Steve203 🐝  😊 😞
Number: of 4163 
Subject: Re: Control Panel: Happy 250th U.S.!
Date: 07/06/26 10:17 AM
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A Sudden Glut of Oil Threatens to Weaken Iran’s Hand in Talks
Cheaper, more plentiful crude offers countries a chance to restock more quickly and counter Tehran’s Hormuz leverage


The glut was there before the war, on the order of 2-3Mbpd. Glut became shortage when the strait was closed. Closing the strait again, will, again replace glut with shortage.

Steve
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