Mastodawn

1/ www.bloomberg.com/news/article... " #OPEC #crude #production registered a record plunge last month by 7.88 million #barrels a day to 20.79 million a day in March, driven by losses in Iraq, Saudi Arabia, the United Arab Emirates and Kuwait" Win for #US #oil producers

OPEC Output Suffers Record Plu...

TinJar 18h ago

https://www.bloomberg.com/news/articles/2026-04-13/opec-output-suffers-record-plunge-as-iran-war-throttles-exports

" #OPEC #crude #production registered a record plunge last month by 7.88 million #barrels a day to 20.79 million a day in March, driven by losses in Iraq, Saudi Arabia, the United Arab Emirates and Kuwait"

Win for #US #oil producers

Robert H 21h ago

A simple reminder. In January 2017,

* #Crude oil price $52 /bbl
* #Nuclear inspectors in #Iran
* U.S. led #NATO
* Incursion in #Donbas only
* #measles was eradicated
* Most Americans had health insurance
* #Hormuz was open
* President didn't take #bribes
* Women could get an #abortion
* #Inflation was 2.5%
* previous year deportations 240,000

Nonilex 2d ago

#Oil #prices rise after #Trump threatens to block passage through #StraitOfHormuz

#BrentCrude, the international benchmark, was up 8%, at about $102. #US #crude was up 8% to $104.

Dow futures sank 1.04%, or 502 points. S&P 500 futures were down 1%, & Nasdaq futures declined 1.15%.

#idiocracy #kakistocracy #TrumpsWar #IranWar #Iran #war #RulesOfWar #law #Congress #WarPowers #NationalSecurity #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
https://www.cnn.com/2026/04/12/business/oil-prices-iran-war

Oil prices rise after Trump threatens to block passage through Strait of Hormuz

Oil prices topped $100 a barrel again on Sunday after President Donald Trump said the US would blockade “any and all Ships trying to enter, or leave, the Strait of Hormuz,” threatening to further disrupt oil flows.

CNN

Mohamed Dosou | محمد دوسو 3d ago

Trump: "We have the greatest oil. Don't need Gulf or Venezuela."
Reality: US oil is light & weak.
Your refineries are designed for heavy crude - the kind Saudi and Iraq sell.
You import 7M bpd of heavy oil daily.
Gas at $4. Your "energy dominance" is a diaper full of lies. 🧷💩 🔥💀🇺🇸

#Trump #USPolitics #America #USA #Iran #Israel #Crude #Oil

Show thread

Robert H 6d ago

@npr @world-news-npr

The short story is this. Someone surely made a bunch of money when #Trump announced an #Iran cease fire. #Crude prices dropped $15. Now it goes back up. Lather, rinse, repeat.

CBC World 6d ago

No sign Iran ceding control of Strait of Hormuz in ceasefire, with logjam expected to continue for weeks
Shippers looking to revive the passage of tankers through the Strait of Hormuz were seeking clarity on the logistics on Wednesday, while refiners inquired about new crude loadings, in response to a ceasefire deal between the U.S. ‌and Iran.
https://www.cbc.ca/news/world/war-ceasefire-strait-hormuz-outlook-9.7155950?cmp=rss

Don Curren 🇨🇦🇺🇦Apr 8

Bloomberg: Falling #oil prices after the #ceasefire announcements have revived bets that the #Fed will refocus on #interest-ratecuts. Hopes for a gradual return in #crude supplies have boosted #equities, sending a gauge of #AsiaPacific shares climbing to the highest level since early March #markets