• 10 July 2026
  • Market: Crude, LPG / NGLs, Oil Products, Freight

This week on Strait Talk we examine the rapid deterioration of the agreement that had temporarily restored stability to shipping through the strait of Hormuz. After crude prices fell below $70/bl in June following the reopening of transit routes, tensions have resurfaced, culminating in attacks on vessels using the alternative Omani shipping corridor on 7 July.

With geopolitical risk once again driving market sentiment, our experts discusses the outlook for oil supply, freight markets and energy trade as uncertainty returns to one of the world's most critical energy chokepoints.

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