🇺🇸🛢 With the Department of Energy's crude oil inventory at an all-time low, U.S. crude oil exports plummeted this past week after record highs.
The U.S. engaged the past 2 months in a massive oil market manipulation campaign, virtually subsidising global crude oil prices using its own oil reserves to attenuate the impact of the 3rd Gulf War and the shutting off of oil flows from the Middle East.
However, these subsidies couldn't last forever as the U.S. needs its own buffer to prevent shortages, a buffer which is now greatly diminished.
With the Strait of Hormuz again shut down, the clock for renewed gasoline and diesel shortages over the globe has restarted and now the U.S. is unable to release oil from its storages to prevent that from happening.
@CIG_telegram
BREAKING: Pakistan has imposed "lockdown-like" measures amid its fuel and gas crisis due to historically low supply, including fuel allocation reductions and a mandatory 9 PM market closure.
Details include:
1. Pakistan has now mandated all markets to close by 9 PM and the purchase of new government vehicles has been banned
2. The country is also implementing a 50% cut in fuel allocations for government vehicles
3. The government has announced a 5% reduction in non-employee-related spending and banned official foreign visits, urging virtual meetings instead
4. Official dinners have been prohibited, except those hosted for foreign visitors and delegations
Today marks day number 202 of the Iran War.
(@TheKobeissiLetter)
Learn to recognize when urgency is being used to bypass verification, narrow your thinking, or pressure you into acting before you understand the situation. Its value is operational control: confirm identity and authority, assess consequences, then act on verified information instead of manufactured urgency.