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「BTC OG Insider Whale」 Proxy: Crude Price Control is a Misconception, Actual Dubai and Oman Deal Price Has Neared $155

2 hours ago

**Crude Prices Surge Post-Iran Targets; Analyst Flags Structural Oil Dislocation** U.S. and Brent crude jumped Wednesday after Iran designated three Gulf oil facilities as legitimate targets, per Bitget market data. Brent crude rose over 5% intraday to $105.7 a barrel, while WTI was last at $98.7 a barrel—up 3.06% in the past 24 hours. Earlier, Garrett Jin (associated with the “BTC OG Insider Whale” group) shared key oil market takes: - On March 15, he noted oil prices had surged 45% and recommended going long on crude while cutting stock exposure. - In a March 18 post, he argued widely watched prices are misleading: Brent at $106 and WTI at $95 create the illusion of controlled prices, but this only applies to the Atlantic Basin. Real pressure lies in Dubai and Oman, where actual trading prices approach $155. Flows from the Hormuz region are heading to Asia (not the West), and the dislocation is structural—not temporary.
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