Wednesday, March 11, 2026

400 hundred million new barrels of oil on the Market - Update

BBC News:  Reports in its 2.11pm post the following, "  IEA approves release of 400m barrels of oil  " 

Let's Get Real:

This is the largest release in the body's history as noted by the article, all down to the closure of the Strait of Hormuz by Iran.  As Sky News reports the high price of oil has not gone down.  How will the release help, supply of oil for a few days buy what afterwards.  Trump has been making remarks that he wants out, Iran is not Venezuela, Trump is wimping out, this blog expects that Trump could declare victory by the weekend, with the Regime in Iran still in charge, and they could have access to nuclear weapons in a fee years, Trump is NO Reagan.

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