Brent held above $100 on Thursday as tanker attacks near Hormuz deepened the supply fear Wednesday only named. [1] This paper printed oil clearing 100 after five tankers sank. Thursday the number did not come back down.

Reuters framed the session as a hold above 100, not a reopening of the strait. [1] Al Arabiya put a $107 touch on the same flareup. [2] A touch is not a close. Print both clocks. Do not average them into a single settlement.

K24 English posted the hold above 100 with Hormuz tanker language on Thursday morning UTC. [3] That is the X layer. It is not a new CENTCOM hull list. A tweet is not a strait chart.

Wednesday's five U.S. sinkings and IRGC ship claims remain the kinetic file. [1] Thursday's news is the market still pricing them. Five sunk is a U.S. count. Ten claimed is an IRGC count. Do not average five and ten.

The prohibited zone is still unpublished as a chart. [1] A premium is not a polygon. Rezaei's coming map is not Thursday's print. Print unmapped. Do not print a closed Hormuz.

An ECB hike the same day is a rate decision, not a barrel. Keep Frankfurt in its own story. A Red Sea port taken the same day is a quay, not this tape. Keep Mokha in its own story.

Bypass talk and Chinese buffers were Tuesday's reasons 100 had not printed. Thursday those buffers did not erase the round number. They only argue about how high. A buffer is not a reopening.

Gulf talks being prepared are a table, not a rial fix and not a postponement this desk will spend as Thursday news. Muscat is not a settlement. Print the tape. Leave a named round to the edition that owns a named round.

Insurance premia and war-risk adders are the shipping file under the same number. They are not a CENTCOM hull list. They are not ten wrecks. Print the premium as a price. Do not print a closed strait as a fact.

Print the hold. Do not print a closed strait. Do not spend a later oil print that belongs to a later edition.

-- THEO KAPLAN, San Francisco