We know what’s coming and we are prepared.
Ryadh
⚡️🇵🇸 Emergency Organization of Islamic Cooperation Summit, highlight statements from leaders, 11th of November 2023.
1) 🇵🇸 President of Palestine expressed disgust, shock, and horror at the crimes being committed at Gaza, asks for immediate security guarantees by the Security Council, asks the U.N to admit Palestine as a member state, and reiterated that Gaza is Palestinian Land.
2) 🇪🇬 President of Egypt demands an immediate and unconditional surrender, and refusal to allow Palestinians to be displaced outside of Gaza, also reiterates that a two-state solution must be implemented, and that international organizations must investigate Israeli warcrimes, also states that military conflicts will expand in the region if the situation is not resolved.
3) 🇯🇴 The Jordanian King states that Israeli killing of Palestinians has been ongoing for 70 years, demands a two-state solution be implemented, demands open and unrestricted access to Gaza, and cites several Israeli warcrimes.
4) 🇹🇷 Turkish President states that the number of dead has reached 12 thousand, demands investigation into the Israeli nuclear program, a fund be created by the OIC to help rebuild Gaza.
5) 🇸🇦 Saudi Prince demands an immediate ceasefire and humanitarian corridors be established.
6) 🇮🇩 Indonesian President demands an immediate ceasefire, says the OIC must hold Israeli accountable, and that he will meet personally with Biden to show the demands of the OIC.
7) 🇶🇦 Prince of Qatar states that the International system is a failure in Palestine, demands aid corridors to be established and for aid to be delivered
8) 🇮🇷 Iranian President states that the OIC have a responsibility before God to do something, that the US is a partner in crime to Israel, that the Palestinian people must be armed with weapons to defend themselves, and that a Palestinian state must be established, from the river to the sea, demands aid corridors, and demands a ceasefire, also demands an oil embargo on Israel.
9) 🇰🇼 Prince of Kuwait states that the International community failed to find a solution for the Palestinian conflict, calls for a truce, rejects the displacement of Palestinians outside of Gaza, and demands a two-state solution with Palestine established on 1967 borders with East Jerusalem as its capital.
10) 🇩🇯 President of Djibouti demands an immediate ceasefire and the lifting of the blockade in Gaza, stating he rejects the liquidation of the Palestinian cause, thus he also is against the deportation of Palestinians.
11) 🇰🇲 President of Comoros states that the only way for the Palestinian conflict to be resolved is through a two-state solution, which is necessary.
12) 🌍 Final Statement of the OIC - "We reject describing the retaliatory war on Gaza as self-defense or justifying it under any pretext. We call on all countries to stop exporting weapons and ammunition to the occupation authorities. We stress the necessity of breaking the siege on Gaza and bringing in aid convoys, including food, medicine and fuel, immediately."
13) 🇸🇾 President of Syria states that more Arab Concessions to Israel simply leads to more brutal massacres, and that "failed peace only brings more aggression to the Zionist entity and more despair to the Palestinians.", states that Palestinians need immediate assistance and protection, not humanitarian aid, also demands cessation to political relations between Muslim countries and Israel, also that the two-state solution is not at the forefront at the moment.
14) 🇮🇶 President of Iraq denounces the massacres that took place in Gaza, says that a Palestinian State must be established with all of Jerusalem as its capital, states that the international community must denounce Israel, demands immediate aid corridors be established, and denounces attempts to evict Palestinians out of Gaza.
15) 🇱🇾 The Libyan representative was saying something, but apparently all media outlets thought he was disinteresting, so they cut off.
Most likely the same, denunciations, refusal to allow Palestinians be evicted, etc
🇺🇸 #Oklahoma high school principal (Kirk Moore) seen charging at and disarming a school shooter.
The suspect, identified as 20-year-old Victor Hawkins, was a former student who said he wanted to shoot up the school “like the Columbine shooters did.” While taking down the shooter, Moore was shot in the leg. He is expected to recover.
When the Principal woke up that day, he never thought he would be tackling a gunman.
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🇨🇳🛢 How much strategic oil does the world actually have in reserve?
Global strategic crude oil inventories stood at ~2.5 BILLION barrels as of December 2025, according to the US Energy Information Administration.
China holds by far the largest stockpile at 1,397 million barrels, more than 3 times the US Strategic Petroleum Reserve of 413 million barrels, which itself sits at only 58% of its full storage capacity of 714 million barrels.
China added an average of 1.1 million barrels per day to its strategic inventories throughout 2025, with preliminary data suggesting it continued building stockpiles in early 2026 ahead of the Iran War.
Japan holds the 3rd-largest reserve at 263 million barrels, followed by OECD European countries at 179 million barrels.
Meanwhile, the US is releasing 172 million barrels from its Strategic Petroleum Reserve to suppress oil prices, part of a broader 400 million barrel coordinated release agreed by 32 IEA member nations in March.
🔗 ...
🛢 JP Morgan Warns Oil Market Out of Balance, Prices Must Rise
🔸The closure of the Strait of Hormuz, through which roughly 20% of the world’s oil flows, has removed 13.7 million barrels per day from global supply in April alone. A JP Morgan research note warns the market has no good way to replace it.
🔸Normally, spare production capacity in Saudi Arabia and the UAE acts as the market’s shock absorber. But that buffer has effectively been removed, eliminating the system’s first line of defense.
🔸With spare capacity unavailable, markets turned to inventories
➤ Global stockpiles are now being drained at ~7.1 mbd in April, an extraordinary pace, according to the note.
🔸Meanwhile, demand is collapsing because supply simply isn’t reaching users — “forced demand destruction.”The hardest hit sectors include:
▪️ Petrochemical plants across Asia are shutting down or slashing output as LPG, ethane, and naphtha flows from the Gulf collapse
▪️ Airline jet fuel ...
🛢⛽️ Global oil inventories are heading toward RECORD LOWS:
Global visible oil inventories have fallen -255 million barrels since the start of the conflict on February 27, to 7,864 million barrels.
Total estimated oil draws, including non-OECD refined products storage, have accelerated to 10.9 million barrels per day in April, the largest monthly draws on record since 2017.
Cumulative estimated draws since the start of the war now stand at 474 million barrels, with Hormuz flows holding at ~10% of normal, or 2.0 million barrels per day.
Meanwhile, even in an optimistic scenario where Strait of Hormuz flows begin recovering by late April, it is unlikely to prevent global visible inventories from reaching all-time lows, according to Goldman Sachs.
As inventories keep falling, physical oil markets are likely to require sharply higher prices for immediate delivery, since buyers cannot wait months for cheaper futures delivery when stocks are running critically low.
Goldman also warns...
