Buy BRENT by Jul 7, 2026.

Holding a 1,000 barrel contract of Brent. Closed a 400 barrel Wti hedge a little too early, but nobody is a psychic. Even if the ceasefire turns into a lasting peace that genie won’t go back into its bottle. For the next 50 years IRGC will own the straits, and only regime change will take that from them. Physical oil is still extremely short in Asia, and even a total reopen of the straits would take months to resume a …