Bessent Lies About Ships Coming Out of Hormuz

oki dokie

(chart: Bloomberg) https://t.co/MAZVl6IG2j pic.twitter.com/xRs5cjVc7p

— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) August 4, 2026

Unlike the June MOU where 100+ million bbls of floating storage exited in a hurry, we have ~23 million bbls of floating storage in the Persian Gulf this time around.

The physical oil market will absorb that in a hurry.

— HFI Research (@HFI_Research) August 5, 2026