← The Kobeissi LetterTrade on Hyperliquid →Trade on Robinhood →
“The Trump Administration will also grant a waiver to allow Iran to export oil for the duration of the 60-day period”
@KobeissiLetter · The Kobeissi Letter
Iran oil export waiver + Strait of Hormuz reopening floods global supply, pressing Brent crude lower
BRENTSHORT@ $76.13
$90.79-19.25%
since call Jun 18
“Funds will also be contingent on Iran reopening the Strait of Hormuz”
@KobeissiLetter · The Kobeissi Letter
Strait of Hormuz reopening kills the geopolitical risk premium embedded in oil tanker stocks like Frontline
FROSHORT@ $40.15
$40.08+0.18%
since call Jun 18
peak +7.7%
TIMESTAMPS
in post
in post