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Oil to the moon!

War headlines overnight. Houthis bomb Riyadh again. Air blockade developing. MBS hiding in a bunker. Iran rejects US concessions. The Iranian attack cadence keeps increasing. Windward say a better day as STS flows increase, which makes sense given VLCC ‘s are big fat burning targets. VLCC rates are mad. Shipping crude costs have risen up The post Oil to the moon! appeared first on MacroBusiness .

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