📢 Saudi Arabia’s East-West pipeline is already running at its 7M bpd limit, and UAE exports from Fujairah are at full capacity.
With that, the main alternatives to the Strait of Hormuz are essentially maxed out.
With that, the main alternatives to the Strait of Hormuz are essentially maxed out.
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📢 WTI crude has closed at $101.17 per barrel, its highest since July 2022, marking a 42% rise over the past year.
Vessel traffic through the Strait of Hormuz has dropped sharply, reducing oil flows to around 1 million barrels per day from 20.9 million.
If shipments remain at just 5% for the next 10 weeks, Brent crude could surge past $147 per barrel, setting a new all-time high.
Trump has given Iran until April 6 to resolve the situation, leaving about 8 days before the outcome becomes clearer.
Vessel traffic through the Strait of Hormuz has dropped sharply, reducing oil flows to around 1 million barrels per day from 20.9 million.
If shipments remain at just 5% for the next 10 weeks, Brent crude could surge past $147 per barrel, setting a new all-time high.
Trump has given Iran until April 6 to resolve the situation, leaving about 8 days before the outcome becomes clearer.
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📢 Bitcoin is on track for its first-ever three-month losing streak to start a year, with January (-10.17%), February (-14.94%), and March (-0.76%) all in the red, something never seen before in BTC history.
Q1 2026 is now down 24.16%, ranking as the third-worst quarter on record for Bitcoin.
Q1 2026 is now down 24.16%, ranking as the third-worst quarter on record for Bitcoin.
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