r/oil•
Mojoint

Cargo ships struck in strait, MOU in tatters, ceasefire over, Iranian Oil sanctions return, talks of US blockade and missiles flying as we speak... Oil only up 5%

OIl Price Speculation

Yet a single (completely untruthful) social post from the POTUS can drop it 10% in an hour.

Is the market officially broken?

Posted Jul 9, 2026, 7:46 PM UTC

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