Trump: No US business for buyers of Iranian oil… look for the smoke..

US President Donald Trump warned on Thursday that any country or entity purchasing oil from Iran will be barred from doing business with the United States. Speaking about new sanctions imposed a day earlier, he said the move targets Iran’s alleged ability to fund militant groups like Hamas and Hezbollah. Trump claimed that during his previous term, Iran had no money to support such groups, but under the previous administration, the country regained access to funds. He insisted that sanctions would restore pressure, saying Iran was previously “just about to bust.” “These attacks wouldn’t have happened,” he said, referring to violence that resurged since October 7, 2023.

NN: brent bottomed at $59 and rallied to $61.65 …. as you can see in cash machine we doubled up on oil on the bottom. I repeat despite the bullshit oil cannot be produced in sufficient quantiles to satisfy demand at brent in the sixties and wti in the fifties. and as i told you after options roll over oil would rally…. and their will be no peace in the valley. and trmp will win the trade war and china will cave. have a nice day.. i am going to bed   …. first time in 3 days