Last months the Trump administration was loudly claiming that Iran had lost control of the Strait of Hormuz. Some ‘experts’ even claimed that the flow of oil was back at a pre-war level. Both of those claims were not true but short term blimps within volatile data. Attacks on ships passing through the Strait have increased. The flow of crude oil continues to be below the pre-war level. The draw down of nearly empty reserves is ongoing. The price of oil continues to rise: Brent crude futures...




















