from X
NoLimit
@NoLimitGains
IRAN JUST SHUT DOWN THE ONLY REMAINING OIL EXPORT ROUTE IN THE GULF:– The Strait has been effectively closed since the war started
– Fujairah sits OUTSIDE the strait. It was the last functioning oil export route in the region
– It handles 1 million barrels per day. World’s second-largest bunkering hub
– Iranian drones just hit its oil storage facilities. Fire broke out. Oil loading suspended
– This happened hours after the US struck Iran’s KHARG ISLAND, their largest oil export terminal
– Iran warned any strike on energy infrastructure would be met with strikes on US-linked facilities
– Then they hit Fujairah
– Iran also threatened Jebel Ali port in Dubai and Khalifa port in Abu Dhabi. Told residents to leave
– ADNOC already shut its Ruwais refinery earlier this week after a drone strike. That’s 922,000 barrels per day gone
– The IEA said this week the world is facing its BIGGEST EVER oil supply crisis
– Iran is targeting bypass routes on purpose. Fujairah and Salalah in Oman were both built to reduce dependence on Hormuz. Iran hit both
I expect monday to be EXTREMELY volatile, but don’t worry I’ll keep you updated like I always do.
Turn on notifications and wait for my updates, this is very important.