That means that they cant deliver oil that is already paid for. The news sent the price of oil up over $105. We'll be paying over $5.00 for gas by Monday. "Short term pain" will likely go well into 2027. I expect to see a CBDC gas ration card issued.

IRAQ ANNOUNCES A FORCE MAJEURE ON ALL OILFIELDS OPERATED BY FOREIGN OIL COMPANIES, ACCORDING TO OIL MINISTRY SOURCES.



*IEA HEAD HAS WARNED IT COULD TAKE SIX MONTHS TO RESTORE OIL AND GAS FLOWS FROM THE GULF: FT

*IEA HEAD SAID THAT POLITICIANS AND MARKETS WERE UNDERESTIMATING THE SCALE OF THE DISRUPTION: FT



Reporter: Should Americans be prepared for oil to hit $200 dollar per barrel?

US Secretary of Energy Chris Wright: Did you know Iran calls us the great Satan?



"Never Trust Government" -- Smart people.
"The Great thing we should Fear and the Weird Thing we Trust is Elon Musk" -- Me
"You can be broke but you cant be poor." -- Ruthie-May Webster