🔺 Wall Street exposure of the big lie about the Strait of Hormuz

🔺 Wall Street exposure of the big lie about the Strait of Hormuz

Kim Fustier, Head of European Oil and Gas Research at HSBC, said:

If the claim that a lot of oil passes through the Strait of Hormuz were true, the oil price should be 70 dollars and not more than 100 dollars.

The Wall Street Journal also wrote:

Simply put, it's business. The market is saying something different from the seemingly impressive export statistics. If this huge amount of oil really returned to the market and supply is close to normal, why are prices still so high?