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Not sure what else you’d call this.
- Oil rises as Treasury revokes June 21 Iran oil waiver
- Hormuz Threat Level Raised To “Severe”
- Three maritime incidents reported on Hormuz in last 24 hours
- Another unidentified vessel hit by a Drone
- IRGC forces hit a Saudi Tanker
- IRGC forces hit a Qatari LNG tanker
Oil is diminishing.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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