Global Crude Featured The Cost of Coming Back... The strait is moving. The bill isn't. Hormuz transits recovered to around 60 vessels on 25 September, the most since early July.
Strait of Hormuz Featured The Second Chokepoint... Houthi forces took the Red Sea port of Mocha on 10 September, moving closer to Bab el-Mandeb. Hormuz remains blocked, with war-risk insurance adding close to $8 a barrel.
Strait of Hormuz Featured Hormuz, Round Two — Oil Reclaims the Century Mark... A ceasefire lull is over: Brent tops $100 for the first time since May as Iran, the US, and now the Houthis, escalate in parallel.
Oil Prices Featured GLOBAL SHOCKWAVES — THE HORMUZ CHOKEPOINT REDEFINES RISK The IEA warned the Hormuz closure — chokepoint for ~20% of global petroleum and 25% of LNG — could become the largest oil supply disruption on record, with global output expected to fall 8mn bpd in March (~8% of world demand.
