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Based on crude oil trends, there will be developments in the Middle East over the weekend.
Saturday marks the start of the two-day plus five-day postponement period. The ground forces and beach landing preparations are also ready. Following the old Tete style, even if talks are to happen, they will be preceded by fighting to create favorable negotiation conditions and to set up a winning situation.
From the recent information, there has been no progress. Pakistan has only said that if you really want to talk, you can come here, but has not expressed any intention to promote negotiations.
This time, Iran is determined to collect tolls for passing through the strait. Basically, those few countries will pay, and Iran can only offset the costs by lowering prices to sell to shipowners and buyers; otherwise, they will buy oil from other channels. The tolls are actually quite reasonable. Why? Because Iran’s missiles shoot far enough, carry enough payload, and have large drone production lines.
Finally, I received some news: why was there manipulation in the New York oil market? Someone doesn’t want oil prices to look so high, so they used cheats to short crude oil—simply put, fake short positions.
In reality, European oil prices are already rising uncontrollably, and by next week, we will see energy shortages everywhere.
16:36:55【WTI crude oil futures up over 4% intraday】Cailian News, March 26 — International crude oil prices continue to rise. WTI crude futures are up 4.03%, at $93.963 per barrel; Brent crude futures are up 3.50%, at $100.663 per barrel.
[Taoguba]