RE: BIG BEAUTIFUL FALL IS COMING15 Mar 2026 19:16
The ME situation is a Binary Bet, if the Straits open in the next 2-3 weeks, happy days, fill ya boots. If they will be closed for 3 months sell ya shares! I am in the former camp, these super tankers can carry 2 million barrels and there are at least 50 already loaded sitting in the Persian Gulf. Once the straits are open, the supply will be immediate and Oil will drop like a stone. If the markets price in the straits being open for Easter, it will be a positive result. All will be revealed tonight, but I believe the trading range of oil will be $96-104. This $150-200 talk is just nonsense.