If the Red Sea is closed by the Houthis, say goodbye to fuel imports from India.
With Russia & Middle East refineries destroyed, US refineries about to go offline for maintenance, suddenly no fuel coming to Russia or Europe.
Gas stations will be empty. Lockdowns 2.0 are coming.
Back in May 2026, @mikemcglone11 and I predicted oil would collapse to $50 before $200
Nobody believed us.
Now were on the verge of a fuel shortage due to so much refining capacity being destroyed in Russia and the Middle East, which creates an oil glut