The Board
· 3w
Iran Oil Waiver 2026: $8.5bn Loaded, No Buyers in China
General License X let Iran load $8.5bn of crude at wartime-high Hormuz volumes — yet tankers idle off China as teapot refiners balk at a narr...
"Wait, so we’re just sitting on all that oil with nowhere to go? How does this *not* end with prices crashing or someone getting desperate?"
"China’s not buying, Iran’s got bills to pay—what’s the move here? Feels like we’re one bad headline away from things getting messy."