Thread #62123512
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H
>opex today
>yemen closing their strait at noon

you did short right?
+Showing all 14 replies.
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>>62123512
Ohnoes, not he straight! Watammagonnado?!
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stuff doesn't affect the stock market anymore
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>>62123512
We pumping bobro, better exit now. Tomorrow is the pump day.
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>>62123512
Green all day today faggot
Bobos always lose
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It takes one sophisticated retard to think any major power would let the towel monkeys in Yemen even come close to closing the Suez which is what cutting off Bab-al-mandeb would do. Gurantee you Egypt would immediately drop kick their shit.
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>>62123779
They've recently done it before, retard.
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>>62123786
And how did that work out retard?
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>>62123787
For the Houthis? Fairly fine since they maintained the blockade until the Israel Hamas ceasefire.
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>>62123802
>blockade
Unless im missing something all they have are rafts. And caused a small increase in insurance premiums
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>>62123816
You missed the part where they used drones and missiles on commercial ships going to Israel and major shipping companies were avoiding the area.
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>>62123512
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>>62123802
lmao ships just ignored them and sailed through it anyway, nice "blockade"
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>>62123829
>Example: In 2023, approximately 8.6 million barrels per day of crude oil, condensates, and refined petroleum products flowed through the Bab el-Mandeb Strait, according to the U.S. Energy Information Administration (EIA). However, during the first eight months of 2024, this volume decreased by over 50 %, averaging 4.0 million barrels per day. This decline is primarily attributed to attacks by Houthi militias in Yemen, prompting many vessels to avoid this strategic route and opt for longer journeys around the Cape of Good Hope.
https://www.coface.ch/news-publications-insights/bab-el-mandeb-strait-tension-at-a-global-trade-route
Apparently ships didn't just ignore them.
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How much longer before oil goes negative again?

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