(10 August 2026) It is now 10 pm MST August 10, or, 4 AM GMT, August 11. We have been watching events centered on Iran and its regime, waiting for escalation of what looks to be the Second Signpost. We have been watching since February 28.
The Strait of Hormuz has been closed for 162 days.
The oil inventories around the world have been emptied, but the paper price of oil has only risen modestly.
This article at SNAFU Investing explains why. The author explains what oil was added such as via the Saudi’s western pipeline, and what “demand destruction” occurred. This excellent article gets into the math and the day-by-day accounting of the world’s oil.
It says what made the difference, covering the gaps in oil, was China.
The article explains what China did to keep the world economy humming. In doing so, China mitigated, at least for now, the effects of the second horseman.
Conclusion
The world has exhausted its stores of oil after 162 days of the Strait being closed.
China is now releasing oil from its inventories.
Why would China store up so much extra oil, and then release it helping the world. The CCP never does anything to benefit anything outside of China.
I think I smell a rat.
Keep watch.
Categories: China in the End Times, In The News, Signpost #2: Iran, World in the End Times
THE FOUR SIGNPOSTS 
Mark: Could certain officials in China be doing this as part of a power struggle.
Karl,
Internal struggle to China, or with the USA?
Mark: https://www.youtube.com/watch?v=MTV_ELh3yd4 Internal power struggle in China. I don’t know to whose advantage high or low oil prices would be inside the CCP. This Chinese commentator often comments about internal struggles inside the CCP.
Karl,
I believe China did what they did to help Iran wreck the world economy by keeping prices down, and the world using up non-China inventories, and by so doing helped themselves in the war against the West.