Why is #oil still at🚨$110/bbl? Despite the fact:⚡sig amt of oil IS flowing thru the SoH again,🚨the COST of shipping this oil is permanently raising the flr price for oil. Acc to R Johnston... an ~ est of the additional risk prem for shipping oil out of the SoH:🚨~30/bbl. Prior to the #IranWar➡️Brent : ~$70/bbl. TOTALLY🚨unsustainable -too expensive... & if it DID become a viable solution somehow for the US & global #economy? IR will... It’s an existential war. #ETTD #USPol https://meidasnews.com/news/washington-declares-victory-in-hormuz-the-energy-markets-beg-to-differ