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“There will be NO TOLLS in the Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired”
@KobeissiLetter · The Kobeissi Letter
Trump blocks Hormuz toll threat, collapsing the geopolitical risk premium baked into crude oil prices.
WTISHORT@ $76.50
$87.95-14.96%
since call Jun 20
“There will be NO TOLLS in the Hormuz Strait for 60 days during the Cease Fire Period, and there will be NO TOLLS after the 60 day period has expired”
@KobeissiLetter · The Kobeissi Letter
Guaranteed free Hormuz passage boosts tanker economics as Persian Gulf shipping risk evaporates during the ceasefire.
STNGLONG@ $80.40
$79.16-1.54%
since call Jun 20
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