🇺🇸🇮🇷 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
🇺🇸⚡- Matthew Lanske, a 21-year-old White man, was shot three times by Black teenagers during a “Teen Takeover,” when Black teens attempted to rob Lanske and his friend at gunpoint, he tried to wrestle the gun away and was shot three times in the process, and his friend was killed.
The story, somehow, gets worse. Lanske was then able to walk nearly two blocks while bleeding out and attempted to seek refuge at a 7/11 where the Indian workers would not allow him to come inside. Lanske proceeded to text 911 and his girlfriend and then passed out due to blood loss. While Lanske was unconscious, the prowling Black teens returned and began to film his unconscious body. Two Seattle Police officers arrived and kept him alive until paramedics came. He was rushed into emergency surgery, placed on life support in the Trauma ICU, and then underwent another major operation to reconnect his intestines, which was successful.
Lanske has woken up and is responding in the hospital. His ...
🌆 Market News Digest
[Sep 11, 2026, 07:00-16:25 EST]
🔥 Top Stories
• US CPI hotter in the details, Fed hike odds jump — core CPI rose 0.3% m/m vs 0.2% est.; traders now price ~90% chance of a Sept hike
• Saudi oil infrastructure attacked; East-West pipeline shut as precaution — major escalation risk lifted crude, diesel and gas prices despite later profit-taking
• Trump doubles down on $5,000 “dividend” checks — White House says payouts may be funded without tax dollars, but offsets remain unclear
• University of Michigan sentiment slumps — consumer sentiment fell to 47.8 and 1-year inflation expectations jumped to 4.6%
⛽ Oil & Energy
• Saudi pipeline attacks, Bab-el-Mandeb/Hormuz tension — output/shipping fears hit WTI, Brent and refined products; Chevron says risk is higher
• Saudi East-West pipeline shut temporarily — Riyadh says it is assessing safety after multiple attacks
• OPEC/Middle East supply worries intensify — Azeri BTC premiums jumped; QatarEnergy seeks longer ...