Ylvave
03-03 21:43

$Exxon Mobil(XOM)$  Straits of Hormuz effectively closed with Iran attacking vessels daring to pass through, and the conflict confirmed to be prolonged with countries like France and UK now forming psuedo-coalition by shifting forces and defending their bases in nearby proxy countries against Iran. When market opens, they will price in 5-6 million bpd halt, and this stock will reflect accordingly.

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  • Ylvave
    ·03-03 22:13
    Iraq has halted oil production at the country's largest field, South Rumaila, the country's Ministry of Oil announced - that's another est. 1.5m bpd disrupted for the foreseeable future.
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