US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before
Newsquawk Staff ·
US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before.
What it means
Presidential posts on Strait of Hormuz throughput belong to a familiar pattern in Gulf supply disruptions: once flows become the story, official communications shift toward demonstrating that the chokepoint is functioning, and the numbers chosen are framed against pre-disruption baselines to signal normalisation. In past episodes of this kind, crude has tended to trade the gap between official reassurance and what independent tanker tracking, war-risk insurance premiums and freight rates show, with the latter carrying more weight at the margin. The distinction that matters is between transit volumes and export quality of supply: barrels moving through the strait say little about loading rates at Gulf terminals or about buyer willingness to lift, and it is the latter that has historically driven the Brent-Dubai spread and prompt timespreads rather than headline flow counts. Posts of this sort also function as de-escalation signalling toward Tehran and Gulf producers, a pattern that has previously preceded drawdowns in the geopolitical risk premium embedded in crude and gold, though reversals on a single contradictory incident have been equally common. The follow-ons worth noting are insurer and freight market behaviour, any corroboration from shipping data, and whether the OPEC Gulf members adjust rhetoric or allocations in response.
- US President Trump says we’re close to ending, I hope, the Russia-Ukraine war
- White House says President Trump has further modified Canadian products subject to tariffs under Section 338; tariff changes will take effect on 30th October 2026
- US President Trump, on Iran, says we may do another operation against Iran; doubts Iran will say ‘let’s get down to business’
- CRUDE WRAP: WTI (Z6) SETTLES USD 3.80 HIGHER AT USD 103.27/BBL; BRENT (Z6) SETTLES USD 3.55 HIGHER AT USD 116.72/BBL
- US President Trump says "we could end the Iran war very quickly", adds "do we want to finish it or let it within is the question"
Related headlines
- US President Trump is set to speak with UK PM Burnham this afternoon on the Russia-Ukraine situation, BBG reports13 hours ago
- Newsquawk European Market Wrap - 23rd October 202614 hours ago
- US President Trump expected to remove some tariffs on Canada in a bid to help Senator Susan Collins, WSJ reports10 hours ago
- The Trump administration plans to introduce voluntary “US Caught Seafood” labels to help consumers identify seafood origins, according to CBS11 hours ago
- US President Trump says they are "very close" to a deal with Mexico. Canada is working hard to make a deal.13 hours ago
- US President Trump says he discussed the North Sea with the UK PM. Conversation also include Iran and Ukraine.13 hours ago
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call7 hours ago
- Newsquawk Weekly Economic Release 26th - 30th October 2026 13 hours ago
- Citi says it remains neutral on copper until more energy-market and tariff clarity emerges; views any associated risk-off episodes as good long-term buying opportunities9 hours ago
- Week in Focus 26-30th October 2026: FOMC, BoC, RBNZ, ECB, BoJ Policy Decisions, US PCE7 hours ago
- Russia's Kremlin says Russian and Ukrainian militaries are working to determine dates for ceasefire talks13 hours ago
- Japan is considering classifying energy and AI spending as defence expenditure amid pressure from the Trump administration to increase military budgets, according to Nikkei12 hours ago
- Foreign Ministers of Egypt, Saudi Arabia, Turkey and Pakistan say ‘Israeli occupation is the main source of instability in the region and beyond’, according to a statement9 hours ago
- US Ambassador to Turkey Tom Barrack says US could strike Iran as soon as this weekend, AFP reports citing an interview on Israeli radio10 hours ago
- Senior Ukrainian Official says that a ceasefire in Russian-occupied Oleshky is to be established soon13 hours ago