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The US SPR was still being filled

Below the levels

The SPR currently holds about 415 million barrels, most of which is high ​sulfur, or sour crude, that U.S. refineries are geared to process. The crude ⁠is held underground in hollowed-out salt caverns on the coasts of Texas and Louisiana that ​can store 714 million barrels

Https://www.dailymail.co.uk/news/article-15637837/Moment-oil-tankers-flames-struck-explosive-Iranian.html

Https://www.livecharts.co.uk/MarketCharts/brent.php

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Https://www.bbc.co.uk/news/articles/cly093xxlzzo

I post all the news and do not support Iran

Https://www.lloydslist.com/LL1156563/Shadow-fleet-dominates-Hormuz-crossings-as-Iran-ramps-up-bypass-loadings#:~:text=Source:%20Stocktrek%20Images%20/%20Getty%20Images,GNSS%20interference%20in%20the%20region.

IEA prepares for record oil reserve release, as Hormuz disruption continues to lift prices

Oil prices continue to rally on Wednesday, despite reports of IEA plans to release massive oil reserves as Strait of Hormuz remains almost shut, diusrupting millions of barrels of global crude supplies

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Good morning you are obviously are new on this board

Brent 93$

Saudi oil giant warns of 'catastrophic consequences' from Iran war as three commercial ships are 'attacked' in Strait of Hormuz and Tehran tries to strangle world's energy supplies

Cargo ship 'attacked' in Strait of Hormuz: Projectile hits vessel, forcing crew to evacuate, after US destroyed 16 Iranian minelaying warships to prevent waterway closing

Https://news.sky.com/story/dark-ships-and-shadow-fleets-what-is-crossing-closed-strait-of-hormuz-13517746

Https://www.tradewindsnews.com/bulkers/burning-bulker-abandoned-after-being-struck-trying-to-escape-strait-of-hormuz/2-1-1958044

Https://www.livecharts.co.uk/MarketCharts/brent.php

Beautiful sunny day

Https://edition.cnn.com/2026/03/10/politics/iran-begins-laying-mines-in-strait-of-hormuz

Hi Jakers

Hope you are well and your family. 100% agree with you

What a week up and down

I did not sell any shares

In the absence of a ceasefire and the reopening of the strait, however, it is possible that ships could be escorted through the strait by US or international navies.

During an interview last week, Trump said the US Navy would escort ships in the waterway “if necessary… as soon as possible”.

In Florida, on Monday, Trump reiterated this, saying: “We’ll perhaps go alongside them for protection.”

Speaking in Cyprus on Monday, French President Emmanuel Macron said France and its allies are also preparing a “purely defensive” mission to escort vessels through the Strait of Hormuz once the “most intense phase” of the US-Israeli war on Iran ends.

Macron did not provide further details, but he said the “purely escort mission” must be prepared by both European and non-European countries.

Can the US occupy the Strait of Hormuz?

During his CBS interview, Trump did not explain what the US plans for “taking over” the Strait would be. Technically, the US cannot “occupy” the strait, however.

Alexander Freeman, a partner in the shipping team at UK-based law firm Hill Dickinson, said: “The United States has no jurisdiction over the Strait of Hormuz, which are not international waters under UNCLOS [the United Nations Convention on the Law of the Sea]. Without the consent of Iran and Oman – whose sovereign territorial waters cover the Strait – the US taking over the Strait would likely amount to an incursion on Iran and Oman’s jurisdiction – even where it is aimed to protect the safe passage of vessels.”