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🚨 Saudi Arabia is Winning The Oil War. 🛢️
Saudi Arabia has long been one of America's closest allies. But recent changes in the oil market during wartime are raising serious questions.❓
Before the war, Saudi Arabia exported around 6.6 million barrels of oil per day. Now exports have dropped to about 3.3 million barrels per day a 50% decrease. 📉
At the same time, oil prices have gone from about $67 per barrel to nearly $130 per barrel.
On top of that, Saudi Arabia has added a premium of about $19.50 per barrel for Asian buyers the highest level seen so far. 📈
This creates a striking situation: ✨
Selling less oil, but at much higher prices along with added fees. The overall result suggests that total revenue may actually be higher than before.
The International Energy Agency has described the current situation as one of the largest supply disruptions in the global oil market.
Another important point is logistics. Saudi Arabia has invested heavily in pipelines that allow oil to move to the Red Sea, reducing reliance on the Strait of Hormuz. This gives them more flexibility in times of conflict. ⚡
At the same time, some reports suggest that Gulf countries may prefer a longer conflict before any final agreement is reached, possibly because higher oil prices bring higher returns.
Is this just a normal market reaction during war, or is there more happening behind the scenes?
I know sharing views like this can be unpopular, but I believe it’s important to look at all sides and ask honest questions. 🤍
$BTC $TAO $AXS5S #GateSquareAprilPostingChallenge #OilPricesRise #TAO