Core Viewpoint - Oil prices experienced a slight increase due to geopolitical tensions in Europe and the Middle East, despite concerns regarding potential increases in oil supply and the impact of trade tariffs on global fuel demand [1] Group 1: Geopolitical Factors - Geopolitical tensions in Europe and the Middle East are contributing to the upward pressure on oil prices [1] Group 2: Supply and Demand Concerns - There are concerns about the prospect of increased oil supply which may counterbalance the price increase [1] - Trade tariffs are raising concerns about their potential impact on global fuel demand [1]

I think the best traders of oil are the Chinese. And so they're the real, you know, the power underneath this all is that is their buying of Iranian crude. They put the bid on oil. They put the bid on Iranian oil so that they're the main buyer by far.You know, 80% of Iranian oil is a lot of it actually goes to Malaysia and then is re flagged. So you see that Malaysia exports more oil to China than it produces oil. So it's obviously smuggled.And basically the other manipulation is the White House turning the ...