Oil explodes as price suppression fails
War headlines today. Houthis capture the entire Bab al-Mandeb coastline and bomb the Yanbu pipeline in six places. Mwhaha. Nuke alert: Pickaxe Mountain propaganda spreads. Saudis report lowest monthly oil output since 1990. UKMT reports four unknown projectiles hit two tankers in the strait overnight. How reassuring. It was a relatively quiet day on the The post Oil explodes as price suppression…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
