Subject: Re: Control Panel: Happy 250th U.S.!
A Sudden Glut of Oil Threatens to Weaken Iran’s Hand in Talks
Cheaper, more plentiful crude offers countries a chance to restock more quickly and counter Tehran’s Hormuz leverage

The glut was there before the war, on the order of 2-3Mbpd. Glut became shortage when the strait was closed. Closing the strait again, will, again replace glut with shortage.

Steve