FUTURES JUMP, OIL TUMBLES AS WELL-TIMED COMMENTS SPARK LATEST ROUND OF HORMUZ OPTIMISM - ZEROHEDGE

BRENT FALLS BELOW $80 PER BARREL ON REPORT U.S. WILL ALLOW IRAN TO SELL OIL IMMEDIATELY — via CNBC →

THE U.S. EMERGENCY OIL RESERVE IS BELOW 300 MILLION BARRELS FOR THE FIRST TIME SINCE 1983 - QZ →

THE U.S. EMERGENCY OIL RESERVE HAS DRAINED TO ITS LOWEST LEVEL SINCE 1983 - QZ →