JUST IN⚠️: IRAQ'S SOMO just announced they will purchase gasoline for the months of August and September, the first purchase in over 18 months
Please tell me again there are no shortages; I am all ears https://t.co/uPSRM2lBlw
— JustDario (@DarioCpx) July 20, 2026
MORGAN STANLEY: DIESEL MARKET STAYS TIGHT
Morgan Stanley says Europe’s record-high diesel refining margins are being driven by supply disruptions rather than higher crude prices. Refined fuel exports west of the Strait of Hormuz remain well below normal, while more than half of…
— *Walter Bloomberg (@DeItaone) July 20, 2026
A diesel squeeze is playing out across Europe as a slew of major supply challenges coincide, according to Morgan Stanley, which flagged record refining margins in the region and slumping stockpiles https://t.co/HCMHhHsHgZ
— Bloomberg (@business) July 20, 2026
BREAKING: 🇾🇪🇸🇦 Yemen's Houthis announce 'sea navigation ban' on Saudi Arabia.
This will cut off Saudi oil exports through the Bab al-Mandeb Strait pic.twitter.com/iBNrCNw9DI
— Megatron (@Megatron_ron) July 20, 2026
Crude Oil only has 43 days of supply left in the U.S., the lowest inventory in 45 years 🚨 🚨 pic.twitter.com/Pxo6W3xbOI
— Barchart (@Barchart) July 20, 2026
Iraq buying gasoline after 18 months tells me the shortages are real and not just talk.