John Bickley

And the Saudis smartly said, why on earth don't we have another way to get our product out?

And they built this pipeline.

And so we'd seen it used for a couple hundred thousand barrels a day, not a massive amount.

But the beginning of this conflict, they ramped it up to five million barrels a day.

And then the CEO of Aramco, I mean, Nasser, came out a couple of days ago and said, we think we can go as high as eight.

So that's not the $20 million a day we're used to getting out of the Gulf, but it's a big chunk of it.

And it's the reason why all of the experts that were producing $200 a barrel oil, that has not come to fruition.

Now, Japan is one of the countries saying it will assist in opening the Strait of Hormuz.

Is that surprising?

And what kind of a difference can that make?

This is a really interesting pattern I've traced with President Trump, where he says to the Europeans, I need you to do something.

They say, absolutely not.

It's impossible.

We never will.

And he goes, I really need you to do it.

And they come back and say, OK.

So, you know, it's a little bit like NATO spending.

They know it's the right thing to do.

They know they should do it.

And now they're going to find a way to help.