Wednesday, March 18, 2026 9:40:17 PM
Well a little OT post for you ...but first Kidney Care Partners were testifying in Congress today for changes to TDAPA . Hopefully they extend the TDAPA period ( 100% medicare coverage ) or at least a slower decline in coverage post TDAPA ....will be positive for UNCY if it happens .
OT As you may know I'm 50% cash in my portfolio's basically because I thought this Iran idea would get out of control .
Right now Iran is attacking Persian Gulf oil / gas infrastructure .
This is a huge negative for the world economy , especially for anyone importing a lot of oil , and even tho we as a country are self sufficient ...we export a lot of products and many of those countries will have less income now to buy our products.
JMO
Good luck
Kiwi
From Gemini
As of March 18, 2026, Asian economies (particularly China and India) and buyers of specific Middle Eastern crude grades are paying approximately $150 or more per barrel.
Fortune
Fortune
+1
While Western benchmarks like WTI and Brent are trading at significantly lower levels, a historic "price split" has emerged due to the effective closure of the Strait of Hormuz:
Dubai & Oman Crude: These benchmarks, which serve as the primary pricing basis for Asian buyers, hit all-time highs recently. Dubai crude reached $157.66 on March 16, and Oman crude settled above $152 on March 18.
Asian Markets: Because countries like China and India are heavily dependent on Middle Eastern oil that must pass through the now-blocked Strait, they are facing a severe supply shortage and paying massive premiums.
Western Markets (WTI/Brent): U.S. and European benchmarks remain much lower—WTI is hovering around $97-$99, and Brent is near $110—cushioned by strategic reserve releases and shorter alternative supply lines.
OT As you may know I'm 50% cash in my portfolio's basically because I thought this Iran idea would get out of control .
Right now Iran is attacking Persian Gulf oil / gas infrastructure .
This is a huge negative for the world economy , especially for anyone importing a lot of oil , and even tho we as a country are self sufficient ...we export a lot of products and many of those countries will have less income now to buy our products.
JMO
Good luck
Kiwi
From Gemini
As of March 18, 2026, Asian economies (particularly China and India) and buyers of specific Middle Eastern crude grades are paying approximately $150 or more per barrel.
Fortune
Fortune
+1
While Western benchmarks like WTI and Brent are trading at significantly lower levels, a historic "price split" has emerged due to the effective closure of the Strait of Hormuz:
Dubai & Oman Crude: These benchmarks, which serve as the primary pricing basis for Asian buyers, hit all-time highs recently. Dubai crude reached $157.66 on March 16, and Oman crude settled above $152 on March 18.
Asian Markets: Because countries like China and India are heavily dependent on Middle Eastern oil that must pass through the now-blocked Strait, they are facing a severe supply shortage and paying massive premiums.
Western Markets (WTI/Brent): U.S. and European benchmarks remain much lower—WTI is hovering around $97-$99, and Brent is near $110—cushioned by strategic reserve releases and shorter alternative supply lines.
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