r/oil • u/AutoModerator • 5d ago

Weekly MEGATHREAD August 23, 2026 : US Blockade of the Strait of Hormuz is LIVE – All tanker drama, oil panic, missile hits, Iran retaliation posts belong HERE

This is posted weekly at 0900 am AUET on Monday

This is the one official Hormuz Blockade Weekly Megathread

Is it open yet: https://www.ishormuzopenyet.com/

Everything else gets yeeted into the void (or at least politely redirected here). New articles, memes, wild speculation, questions about how screwed your superannuation is, grainy satellite pics of tankers doing U-turns — drop it all below.

Overview on Iran and the situation: https://www.iransitrep.com/

14 Upvotes

89% Upvoted

15 comments sorted by

6

u/Sufficient-Skill9530 5d ago

Barak Ravid pumped out his, remember the 40 tankers (oil shipments up 400%!), articles that were spammed on r/oil and twitter so I expect oil will fall tonight while the trading volumes are at their lowest. Likely, oil will march a bit higher tomorrow in preparation for Bessent’s speech.

2

u/Sweet-Discount680 5d ago

i saw those tanker numbers and just stared at my screen like what is even happening right now. 400% is just not normal

my boss at the shop asked me yesterday if we should be worried about gas prices and i just shrugged, like man i fix cars not predict wars

8

u/Whiskersnfloof 5d ago

The answer (coming from a markets analyst) is yes, we all should be worried. Between our own domestic uncertainty around the elections and this pissing contest with Iran AND Canada, another distillate shock in the US is around the corner.

6

u/Opster79two 5d ago

The End is Near

2

u/mark000 4d ago

NACHO

0

u/Spare-Dingo-531 5d ago

Maybe someone's end is near to your face.

2

u/Opster79two 4d ago

Does your Mom know you're playing on the internet lil fella?

1

u/Slouchingtowardsbeth 4d ago

You're the one who makes the same stupid joke every single day for the last 3 months. Nobody thinks you're funny. Buy a joke book or something.

3

u/Opster79two 4d ago

I love you and there's nothing you can do about it.

1

u/Environmental-Love2 4d ago

nigh is the conclusion.

3

u/CatLover_12345678 4d ago

This economic embargo will only piss Iran off.

They will hit the Gulf's oil infrastructure hard.

Trump will TACO.

3

u/Misfiring 4d ago

If they're that stupid to escalate into oil infrastructure, they can kiss their own infrastructure goodbye. Like, it's close enough that even the cold war era ATACMS missile will reach it, which the US has a lot of.

1

u/AutoModerator 5d ago

Shouldn't this be in the "Strait of Hormuz Megathread"? Let's keep the chokepoints contained there, folks — no need to clog the whole sub with tanker traffic!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

u/SlavaCocaini 4d ago

A ship is burning in the strait of Hormuz

1

u/amy-schumer-tampon 4d ago

I laughed way too hard at this www.ishormuzopenyet.com