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Posted on 04/29/2026 2:46:10 PM PDT by Its All Over Except ...
Brent crude over $119 as Trump sticks with blockade A late update: Oil is now approaching its highest level since the Iran war began.
Brent crude has risen over $119 a barrel, up 7% today, after president Donald Trump told Axios he will not lift a naval blockade of Iran’s ports until he secures a deal with Tehran to address the country’s nuclear program.
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(Excerpt) Read more at theguardian.com ...
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Multiple news outlets in the U.S. are reporting on this.
When all the leftist news media fools harp on “the people are burdened by increasing gas prices” why not ask them “Why aren’t all of you driving EVs already? You told us to.”
And who was president in 2022?
Can’t outrun all the BS and market manipulation anymore. Gas prices are getting ready to take off.
The oil crisis would be broken almost overnight, if Iran, or rather the IRGC, would extend the olive branch and accept the responsibility to surrender unconditionally.
But of course they are much too ideologically driven to consider such a response. THEY WOULD PREFER TO SACRIFICE EVERY MAN, WOMAN OR CHILD IN ALL OF IRAN RATHER THAN ADMIT THEY ARE, IN FACT, DEFEATED.
The IRGC is a legion of demons unleashed upon the world.
“Iraq has one of the lowest oil storage capacities among Gulf nations, with, according to data from JPMorgan, only about six days of storage capacity, making them vulnerable to export disruptions. As of March 2026, amid Strait of Hormuz disruptions, Iraqi oil storage reached critical, maximum levels, forcing a 70% reduction in southern production to roughly 1.3 million barrels per day”
Stopping the flow of an active well is a bad idea.
It can take years, if ever, to return a shut-in well to full production.
BIDEN was president then so don’t blame TRUMP ha ha!
LEX
“The United States is the world’s top oil producer, generating over 20 million barrels per day (mb/d) as of 2026, driven by advances in hydraulic fracturing and shale oil. The U.S. produces more than 20% of global output.”
Crude $106
Brent crude $122
At close today.
WAIT UNTIL THEY FIND OUT HIGH PRICES ARE ALSO INVOLVING “RATION CARDS”.
> accept the responsibility to surrender unconditionally <
That is simply not human nature, whether you’re talking about the evil IRGC or a football team down by 21 points at halftime.
And one more thing. Absent a Pearl Harbor situation, Americans are an impatient bunch. They won’t buy “light at the end of the tunnel” stuff forever.
Trump needs to take that into account.
(Please don’t kill the messenger.)
The fact you need them to ‘admit’ they’re defeated is an admission they’re not defeated and still imposing their will on the Strait.
The War Powers Resolution is going to force Trump to remove the minesweepers from the Gulf.
Oil prices might stay high for a long time.
Certainly longer than most were expecting!
This is not a football team down 21 points at halftime. This is a badly bruised and outplayed football team in the last two minutes of the fourth quarter behind 47 to 0 on the scoreboard.
The evil IRGC is inflamed by a truly hellish imperative. Nothing to do with human nature.
War is coming.
Gasoline (RBOB) is up 85.06%
Well, since we’re using football analogies,,,,,,that losing team just wants to run out the clock……just like the IRGC,
It cost 60$ a barrel to get the oil up from the ground .The World is lining up to buy that American oil at 120$ a barrel now . A great time to be in the oil business!
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