Here's a snippet with a link to the article below which provides a lot more detail.
Venezuela’s oil rebound is not simply a production story. It is a story about sanctions licenses, naphtha, rig reactivation, tanker access, refinery fit, insurance, payment clearance, and legal confidence.
The United States does not need to own the oilfield to influence the barrel. It can influence the contract, the bank, the insurer, the payment path, the vessel, the counterparty, the jurisdiction, and the conditions under which proceeds become usable.
That is the real petrodollar. Not a mythic treaty in a vault. Not a single Saudi bargain. Not a conspiracy theory about denomination. The petrodollar is the dollar-centered operating system around energy trade: correspondent banking, marine insurance, sanctions compliance, letters of credit, dispute resolution, vessel screening, cargo documentation, and payment finality.
In the real petrodollar system, Dollar was just the club but all the money was flowing via City of London. Now, dollar is not a club but rather the best oppurtunity in the market and all the money flows to US.
No argument from me. One thing I'm curious about - do these sites know who has been controlling the oil markets and this is more gaslighting on who is really pulling the strings? Or do they actually believe what they are saying?
I remember a guy saying one time that the problem with liberals is it's like a religion to them. And anything they hear that reinforces their beliefs gets assimilated, but anything that runs counter to their belief system is automatically rejected without a second thought. I think he had a point.
The control of oil markets, like every other control system is multi layered, and at each layer you can see different puppet-levels being manipulated by different motives. So even he best reporters could very easily uncover a particular level of control and stop at that point.
The only reason we have this vantage of 40k feet viewpoint is because of Q, and because of all the cognitive suffering we underwent over the last 8 years that required intense critical thinking to really figure out how things work.
They all profit and kept the scheme working.
Then the article switches to Geopolitics:
It is dubbed: American Empire. And looking at a map and counting oversees basis, one would almost forget that appearances can be deceiving. The British Financial Empire, because it all flows through London.
Listen to Harold Lutnick's chat with some british chick. What did she say?
Let that sink in.
Also think: EURODOLLAR. No, not the Euro / Dollar exchange rate. The elusive, illusionary non-existent currency, but it does have a market. The biggest.
It's been obvious to people on GAW that Trump is breaking London's hold on the oil market. I just thought is was an interesting dive into all the logistics that go into transporting oil from source to market.
It is indeed. Comprehending the underlying mechanics, makes the theme stand out.