🇸🇦🇦🇪🇮🇷 Washington says more oil is leaving the Gulf than before the war... an early assessment has the UAE down 35% and the Houthis doing four times the damage to Saudi Arabia that Iran did in 40 days
The arithmetic runs the other way. Take Iran’s 14% off the top, and by Larry’s math, if the Gulf producers lost even 30% of their capacity, the most the strait can move is about 60% of its pre war flow.
Larry Johnson, former CIA, says there are only two ways the official number works:
“There is no way and there’s no way in hell. Okay. Those are the two ways.”
Larry expects the strikes once markets close Friday, and he says Iran’s 31 regional commanders are already cleared to fire if Tehran goes silent, so the next round hits an oil system Aramco’s own chief says needs at least two years to repair.
If the kingdom cracks, it starts dumping Treasuries to pay its bills, and nobody in Washington has run those numbers.
@newsonof @WeTheBrandon
💬 16🔁 30
♥ 369👁 180K
Top reply · ♥ 2
PSI Capital @psi_cap ·
↗
@MarioNawfal Aramco's chief says repairs take two years. Stocks are already drawing, so there's no cushion to lean on. The only way a market missing that much oil for that long balances is by pricing buyers out.























































