✍️ Posting this not because of the inevitable ballistic rise in oil prices, but because of the headline concerning Venezuelan oil.

The other major problem, apart from the sheer cost of rejuvenation of the country's oil industry, is the consistency of the oil itself.

It resembles tar.

Entire refineries will have to be constructed to handle its conversion.

Just as the Saudi announcement of restarting the East-West oil supplies with the previous capacity is little more than wishful thinking with pumping stations 7, 8, 9, 10 annihilated -No.7 operations system was hacked resulting in a complete shutdown- the promises of Venezuelan higher oil output to remedy the current shortage is inconclusive.

Which brings us to the Western Zio-Pedo mass media duplicitous publicity: for two decades, we've been told day in & day out that only around 20% of the world's required energy goes through the Strait of Hormuz.

The real figure is closer to 33%.

Why would they lie about that?

@SimurghRes