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Oil puts US reverse regime change on track

War headlines today: Three Hormuz attacks in last 48 hours. Houthis bomb Saudi airports, refineries. Mecca agreement activated, largely for defensive forces. Dated Brent is still backed up. Hormuz crossings appear to be OK. However, we are building in higher distribution costs. US and Singapore gasoil prices stopped falling. US fuel inventories aren’t pretty. There The post Oil puts US reverse…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

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