NOBODY KNOWS HOW FUCKED THE GLOBAL FUEL SITUATION ACTUALLY IS RIGHT NOW
NOBODY KNOWS HOW FUCKED THE GLOBAL FUEL SITUATION ACTUALLY IS RIGHT NOW.
– Vietnam told people to WORK FROM HOME because they're running out of fuel
– Bangladesh started fuel RATIONING - limits on how much you can pump per vehicle
– Asia-wide petrol prices surging - traders can't even find alternative supply
– ️ Thousands of flights CANCELLED -- airlines rerouting everything, carrying extra fuel, making emergency refueling stops
– ️ British Airways parent company crashed 6%. EasyJet down 4%. Airlines reviewing ALL growth plans.
– ️ US airlines stopped hedging fuel costs YEARS ago — now eating $120/barrel raw
– Fuel prices surging across Australia, Asia, Europe — no end in sight
– UAE Ruwais refinery (922K bpd) — OFFLINE after drone strike
– Saudi's biggest refinery — OFFLINE
– Qatar's top LNG facility — SHUT
– Strait of Hormuz — one escalation from TOTAL closure
– JPMorgan: 4.7 MILLION barrels/day in cuts if Strait closes by Day 18
– G7 holding EMERGENCY meeting tomorrow on releasing oil reserves
– France preparing military mission just to REOPEN shipping lanes
Countries are rationing fuel. Airlines are cancelling flights. Entire economies are telling people to stay home.
And this is only Day 11.
Prepare accordingly.
Source: Telegram "RealLandDownUnder"