The Fat Pipe Oct 12, 2026: It’s Serious, Oil Price Containment About To Fail, Trump’s RUS-UKR energy Deal, and Grab Bag
Major, critical attacks occurred this past weekend (and week) on Saudi Arabian oil facilities. Nobody is reporting on it and the Kingdom is mum. The silence is deafening. Things are about to get a whole lot more expensive...
Source: Peak Prosperity
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DW NOTE
The Strait of Hormuz has been effectively closed for eight days. Brent trades at $104.72, down 11.5% from its one-year high despite being up 60.56% year-over-year. If Saudi extraction or processing facilities have been materially damaged, the market has not priced it yet — which means either the damage is negligible or the information lag is about to end badly.