Tom Bilyeu

There was like 20 crew members that had to evacuate the craft.

Three members, though, remain missing, and I don't know if that's just a bad head count or if three people actually got killed or went down with the ship.

I have no idea.

More will come on that later.

A second vessel, the Star Gwyneth,

A Marshall Islands flag bulk carrier owned by New York listed Star Bulk was also struck.

They were struck off the coast of Dubai, which is crazy for anybody that has a mental map of Dubai.

It's like this really safe place.

We haven't been talking about this a lot, but Dubai's reputation is really getting shook by this.

So there have been so many influencers and stuff that have moved over to Dubai that are painting this picture.

And by the way, I've been there myself multiple times.

When you're there, it just feels like a very beautiful, very safe place.

And so for them to be getting struck, for headlines to be ships struck off the coast of Dubai, all of that is really beginning to chip away at Dubai's mystique of being this

incredible place for capital it's very safe very beautiful so it'll be interesting to see how they come out of this now the ship that was struck off the coast of dubai it has a excuse me a two meter hole in it uh in the first cargo hold damage was done to its ballast tanks as well so that's causing the ship to list out in the water the crew reported as being safe thankfully but man you guys can expect oil prices to go up as a result of this oil prices were

fluctuating pretty madly because remember traders gonna trade it's gambling it is people betting and so they hear something on the news and they rush to make a trade so try not to steer just by these momentary flashes up or down they're trading the news and so this is people that think they're a little more clever than the next person that they can move a little bit faster but it's

not necessarily a good indication of what's actually happening.

So the markets are gonna be bouncing around a lot.

But when you look at direction of travel in terms of how things are headed in the Middle East, Trump has been saying that we're gonna get the Strait open.

He's been blustering a lot about, you know, we're gonna slap Iran around.

This is gonna be the craziest thing they've ever seen, all of that.