Rio Floyd
3.1K posts

Rio Floyd ری ٹویٹ کیا
Rio Floyd ری ٹویٹ کیا

@cryptorover Where the president will not sending troops in countries? This is tricky statement.
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BREAKING: Iran is considering charging taxes and toll fees on ships who wish to cross the Strait of Hormuz.

The Kobeissi Letter@KobeissiLetter
Global oil markets are out of control: As the Iran War closes week 3, US oil prices are trading at $97/barrel, up +76% since December. Meanwhile, physical oil prices in Oman are up to a RECORD $167/barrel, a +72% PREMIUM. What is happening? Let us explain. (a thread)
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Rio Floyd ری ٹویٹ کیا

This is absolutely insane:
The world is quite literally facing what appears to be the largest energy crisis in history.
US crude oil futures are now trading at a $20+/barrel DISCOUNT to Brent, also one of the largest on record.
As the US increases production and taps into reserves, the EU is facing a full out energy crisis.
European natural gas prices are up another +30% today and physical crude oil prices in Oman and elsewhere are trading at $150+/barrel.
In other words, the gap between Oman and US prices now stands at ~70%, or ~$70+ per barrel.
It has become so bad for Europe that the market is now pricing-in 2 interest rate HIKES in 2026, even as the US removes sanctions on Russian oil.
US rate cuts in 2026 are almost entirely priced-out as a result with Core PPI inflation on PRE-WAR data rising to its highest since February 2023.
The entire global economy just took a complete 180 degree turn in 3 weeks.
The next few months are going to be historic.
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@KobeissiLetter Its still going down. Gold/Silver has been riped off/wiped out in global economy.
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