Burn it, baby, burn it!

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War headlines today.

  • Houthis bomb Riyadh refinery.
  • Iran bombs three tankers over weekend.
  • US bullies Europe into release of 100mb of inventory.
  • China stops product exports.

Windward total oil transits last week were at about 80mb.

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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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