RE:The houthis won so far Marty47 wrote: As I mention previously the Houthi's were bullish for oil , also nutall mention "a missile hit and the oil down " I believed it was matter of time before the houthis fillally make oil bullish , I think since they succeed this will make a victory for them ....... and they will keep going and going and going .....
the red sea story is over inflated by the oil bulls. BP started it off by announcing they will not send there ships through the red sea, it is no surprise they will benefit big time if they can drive oil prices higher. and then all the oil bulls get onboard trying to turn a none story into a huge event lol. i am sure this story will fade away in a couple of days, and BP will continue to send there ships through the red sea hahaha. "soon all commercial ships will be outfitted with high power machine guns", just like they were when they were being attacked off the coast of africa 5 or 10 years ago. that is no longer a problem. the houthi rebels will soon become fish food just like the africans did (somali pirates) lol