Episode 93: No Iran deal yet. US stocks are draining. What breaks first?

Trade with Conviction · May 13, 2026 · 48m

Felipe Elink Schuurman, Neil Crosby, and James Noel-Beswick cover the stalling Iran deal, Karg Island's loading disruption, US diesel and gasoline stocks nearing commercial minimums, growing export ban risk, collapsing Brent differentials, and why the market keeps surprising on timing.

Chapters:

(01:08) Iran deal stalls and Karg Island goes quiet Neil on why the deal looks dead and what a loading stoppage at Iran's main export terminal signals.

(03:13) US product stocks and the export ban risk Diesel and gasoline near commercial minimums. Neil on why a ban could land before June.

(06:25)…