🛢🌏 Brent crude is trading above $100 only 24 hours after the release of 40 million barrels of oil from the US strategic reserves sought to relieve the pressure on the markets.

Following the missile strikes that have forced the US Navy from the Gulf of Oman into the central Arabian Sea, the sizeable oil cargo transport by VLCCs is mainly conducted under the PGSA authority.

@SimurghRes