
Thomas Callahan III
3.8K posts

Thomas Callahan III
@TommyCIII
VP of Sales @ Callahan Auto Parts





Very cool seeing the wave of empty tankers heading to the US to pick up some desperately needed crude for Hormuz-starved markets. All the tankers on the map below are empty VLCCs (~2 million barrel capacity each) currently heading for the US Gulf Coast.









Axios on a US official: Trump may delay the operation against Iran if he sees a horizon for the possibility of an agreement








They’ve spammed so much fake news trying to push energy prices down that the market’s just numb now. Keep going, nobody’s buying it anymore. The real prices will show up anyway. Powerful? Maybe. But Smart? Not even close. Burned that fake news card way too early.



Oil prices will continue to rise if the current Strait of Hormuz blockage continues. However, there are significant commercial and strategic reserves that can be worked through to avoid broad physical shortages for some time. Bullish for oil - but not necessary to panic!
















