Iran War: Bloomberg Claims High Oil Flows Through Hormuz as Iran Threatens for Real Closure; Diesel Stress Rises as Canada Oil Exports to Fall Near Term; Investors Diss Bessent Treasury Meddling, Finger Inflation as the Issue
[Today’s Iran war post launched largely done but I had to go out. Please return at 8:30 AM EDT for the final version] We now have a somewhat more credible claim than those from the Administration, as in from Bloomberg sources, that 7 million barrels a day of oil are getting out of the Gulf….