There have been any number of diaries about the Iranian excursions, the Nigerian turmoil and Russia as well as the Asian market demand. All of these should be taken with a grain of salt.
The Straits of Hormuz stories and the EIA storage numbers of the last two days are just prime examples. The push on these stories, in my mind, has been heavily based on economic drivers, not political.
What is my point - below.
Many traders in hedge funds and speculative organizations depend on what is called "volatility". That is the movement of prices in a both directions - up and down. Other traders play what are called trends - movement in one direction.
But both groups rely on price movement. Rumors of turmoil in producing regions, storage drops can all be expected to cause people in invest in a certain manner. If you know the rumor is just that, the old trading adage holds even more " buy the rumor, sell the fact".
So please, I do understand the need for vigilance against geo-political adventures of this administration. However, recognize that your voices may be exactly what some person with a wad of cash is hoping for to add to the clamor of the rumor they are pushing.