" Oil prices surge to over $115/barrel after Yemen&rsquo s Houthis attack Israel"  
 
Today 245/250?
I think can buy RH and keep liao. Oil heading 200 soon
piscesmonkey ( Date: 28-Mar-2026 15:08) Posted:
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Russia&rsquo s full ban on gasoline exports starting April 1 will tighten global fuel supply, likely push up international gasoline prices, and redirect Russian volumes to its domestic market to stabilize local prices during the sowing and summer driving season. Countries dependent on Russian gasoline imports may face shortages or higher costs.
🌍 Global Implications
- Supply Shock: Russia is a significant exporter of refined products. A full ban removes a chunk of supply from global markets, tightening availability.
- Price Impact: International gasoline prices are expected to rise due to reduced supply, especially in regions already strained by geopolitical tensions and Middle East instability.
- Geopolitical Overlay: The ban coincides with the US&ndash Israel conflict with Iran, amplifying volatility in oil and refined product markets.
🇷 🇺 Domestic Russian Market
- Price Stabilization: The government aims to curb rising domestic fuel prices by redirecting supply inward.
- Agriculture & Transport: Extra gasoline supply will support the sowing campaign and summer driving season, ensuring local availability.
- Policy Tool: Russia has used similar export curbs before to manage domestic inflation and shortages.
🌏 Regional Impact
- Europe: Some EU countries that still import Russian refined products (despite sanctions loopholes) may face tighter supply.
- Asia: India and Southeast Asia import relatively little Russian gasoline, so direct impact is limited, but global price increases will ripple through.
- Emerging Markets: Nations reliant on imported gasoline could see higher retail fuel costs, pressuring consumers and inflation.
⚖ ️ Risks & Opportunities
- Risks:
- Higher global gasoline prices &rarr inflationary pressure worldwide.
- Supply chain disruptions &rarr refiners and traders must source alternatives.
- Opportunities:
- Non-Russian exporters (e.g., US, Middle East, Asia refiners) may benefit from higher margins.
- Traders could exploit arbitrage opportunities as regional price spreads widen.
📌 Key Takeaway
Russia&rsquo s ban is primarily a domestic stabilization move, but globally it adds another layer of fuel market volatility. Expect higher gasoline prices, tighter supply in import-dependent regions, and increased geopolitical risk premiums in energy markets.
 
russia announces full ban on gasoline exports from april 1
Houthi Missile Toward Israel Red Sea Blockade Risk
Houthi involvement could worsen energy crisis, disrupting 12% of global trade via Red Sea
https://www.chosun.com/english/world-en/2026/03/28/HU5ZON2NMJDQNADHT6TGS4TZKY/

piscesmonkey ( Date: 28-Mar-2026 13:58) Posted:
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houthis in Yemen likely blocking Red Sea
persian gulf thru Hormuz closed.
this war not ending anytime.
dt likely buying time. Houthis known to use religious card which is v v risky.
let us all pray for peace.
sad
https://www.aljazeera.com/news/liveblog/2026/3/27/iran-war-live-trump-delays-attacks-on-iranian-energy-sector-by-10-days
persian gulf thru Hormuz closed.
this war not ending anytime.
dt likely buying time. Houthis known to use religious card which is v v risky.
let us all pray for peace.
sad
https://www.aljazeera.com/news/liveblog/2026/3/27/iran-war-live-trump-delays-attacks-on-iranian-energy-sector-by-10-days
WTI crude oil once returned above $100 per barrel. Has Trump's 'verbal intervention' lost its effectiveness? Market participants note that investor trust in him is declining.
🚨 🚨 The facility, a key center for processing uranium into concentrated powder before enrichment, suffered structural damage, but the agency assured the public that no radioactive leak had been detected. Yellowcake is converted into uranium hexafluoride gas, a critical step toward producing nuclear fuel.
LIVE UPDATES: https://en.royanews.tv/news/68565
LIVE UPDATES: https://en.royanews.tv/news/68565
Wow oil chiong up
piscesmonkey ( Date: 27-Mar-2026 16:13) Posted:
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Im out at 205. Bought yesterday at 196 then sold at 205 opening then bought at 199 sold at 205 again today. Scare TACO
LoudShout ( Date: 27-Mar-2026 15:44) Posted:
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Brent 109.54  - RH Petrogas will benefit from the elevated price.  Oil well in Indonesia.
𝗕 𝗥 𝗘 𝗔 𝗞 𝗜 𝗡 𝗚 🇮 🇷 🇺 🇸 Iran warns of new front in Red Sea amid rising tensions
Iran has warned it could open a new front in the Red Sea, threatening maritime routes near the Bab el-Mandeb Strait if the United States moves forward with any military action against Iranian territory.
According to reports citing senior military sources, Tehran signaled it has the capability to escalate unpredictably, targeting strategic chokepoints beyond the Strait of Hormuz.
The warning follows reports that the Pentagon is considering deploying forces to seize Kharg Island, a key hub in Iran&rsquo s oil infrastructure, raising concerns over a broader regional escalation.
Iran has warned it could open a new front in the Red Sea, threatening maritime routes near the Bab el-Mandeb Strait if the United States moves forward with any military action against Iranian territory.
According to reports citing senior military sources, Tehran signaled it has the capability to escalate unpredictably, targeting strategic chokepoints beyond the Strait of Hormuz.
The warning follows reports that the Pentagon is considering deploying forces to seize Kharg Island, a key hub in Iran&rsquo s oil infrastructure, raising concerns over a broader regional escalation.
Oil up 4% now
piscesmonkey ( Date: 26-Mar-2026 15:08) Posted:
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Up 3%
piscesmonkey ( Date: 26-Mar-2026 13:09) Posted:
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Oil up 2%. Watch Kharg Island
Rex going chiong up see today seller no power liao turn long
TraderBen ( Date: 26-Mar-2026 13:03) Posted:
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Huge buy up.. will REX follow?
piscesmonkey ( Date: 26-Mar-2026 12:58) Posted:
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