Full screen recommended.
Finance Economist, 6/8/26
"Nobody Is Ready For What's
About To Happen To Oil This Week"
"Israel and Iran exchanged direct missile strikes hours ago. Brent surged 4.9% to $97.67. The Strait of Hormuz has been closed for over 100 days. Saudi Aramco’s CEO said even if it opens today, the market won’t normalize for months and if delayed, not until 2027. The SPR just posted two consecutive record-breaking drawdowns and is approaching 1983 levels. Cushing lost a third of its oil in 2 months. Oil executives used the words “really, really low.” Every diplomatic channel collapsed in 72 hours. Summer driving season started 5 days ago. The price at the pump right now is the cheapest gas you’ll see all summer. Fill your tank today."
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