We know what’s coming and we are prepared.
🇺🇸🇮🇷 The war explained in 10 seconds
Venezuelan oil is extra-heavy (very low API gravity, around 8-10° or less), thick like tar/resin, with a high percentage of sulfur, metals and asphaltenes.
It does not flow easily, is difficult to transport by pipeline or ship without heating, and requires expensive refineries for processing. Without dilution, production and exports are limited.
Iran produces light oil (Iranian Light ~34-36° API) and gas condensate (very light and volatile).
This acts as a diluent: it reduces viscosity, increases API gravity and makes the mixture easier to transport and refine.
Typical ratio: 3:1 (3 barrels Venezuelan heavy + 1 barrel Iranian light/condensate) → produces Merey 16 or a similar blend (around 16° API), which is popular with Asian refineries (especially China).
This is what China used to do by importing both of them. Mixing.
This is what the US is now trying to do, huge profits.
@Megatron_ron
🌆 Market News Digest
[Jun 20, 2026 06:00-16:30 EST]
🔥 Top Stories
• Hormuz shock risk vs. reality — Iran/IRGC declared the Strait “closed,” but U.S. and shipping reports said traffic kept flowing, limiting immediate oil-market disruption.
• U.S.-Iran talks move to Switzerland — Witkoff, Kushner, and Vance headed to Bürgenstock/Geneva with Pakistan/Qatar mediation; markets are watching for a de-escalation path.
• Israel-Lebanon escalation intensifies — Heavy Israeli strikes and Hezbollah rocket fire continued, with ceasefire claims, battlefield losses, and U.S. pressure to contain the fighting.
⛽ Oil & Energy
• Hormuz closure threat — Any genuine disruption would hit global crude/LNG flows fast, but U.S. forces said vessels continued transiting the strait.
• Zaporizhzhia nuclear plant outage — ZNPP lost off-site power again before being reconnected; recurring grid risk keeps nuclear safety elevated.
📊 Markets & Macro
• Tariff-like Hormuz fees floated by Trump ...
