Comment on Why oil prices haven't gone crazy despite 6 months of US-Iran warparentComments−ck2OP15dum, they went from 100 ships per day through the straitto 3-8 per dayfor SIX MONTHSthat most definitely causes shortages, not in US but rest of worldthe market is being manipulated downward until it popsclick on YTD on this chart to see what I mean for proof, it is FLATLINED* https://en.macromicro.me/charts/94482/imf-strait-of-hormuz-n...* snapshot: https://i.imgur.com/zvBakus.png−downrightmike15dThat was all media manipulation, supply didn't really constrain. The same amount of oil was always available, just not through the straight
Comments
um, they went from 100 ships per day through the strait
to 3-8 per day
for SIX MONTHS
that most definitely causes shortages, not in US but rest of world
the market is being manipulated downward until it pops
click on YTD on this chart to see what I mean for proof, it is FLATLINED
* https://en.macromicro.me/charts/94482/imf-strait-of-hormuz-n...
* snapshot: https://i.imgur.com/zvBakus.png
That was all media manipulation, supply didn't really constrain. The same amount of oil was always available, just not through the straight