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13
Aug 2026
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Hormuz: The puzzle of 9 million barrels – How much oil is really passing through, and the role of the “invisible” tankers

Washington's estimate is significantly higher than those of companies that monitor global energy flows. The widespread deactivation of AIS transponders is widening the information gap

The War of the Straits: 3+1 chokepoints are reshaping the map of global shipping

Hormuz, Bab el-Mandeb, Suez and the Black Sea are increasing distances for ships, fuel costs, insurance premiums and freight rates, and are altering the geography of energy flows

Oil plunges more than 8% after pause in US strikes on Iran – Brent falls below $90

Oil prices dropped to their lowest levels in more than a week after the suspension of US attacks on Iran rekindled hopes for a de-escalation of the crisis

Oil prices plunge as tensions between the US and Iran ease

Markets see a window for renewed talks after a second consecutive night without new US strikes on Iran or Iranian retaliation

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