Daily Oil Fundamentals

Central Banks and President Trump are Hamstrung

28 Apr 2026

Central Banks and President Trump are Hamstrung

The main news of the morning is how the Bank of Japan left interest rates alone and stuck with the current rate of 0.75 percent. All rather uninteresting then. Well, no. More will be revealed during the press conference from Kazuo Ueda, the Governor of the BoJ, but the shuttering of any decision can undeniably be traced back to the influence of the Iranian war. Keeping a hawkish stance allows for the Central Bank to remain prepared for any exaggerated inflation bearing in mind Japan’s vulnerability in having to import nearly all of its fuel needs.

Daily Oil Fundamentals

No Crisis Mitigation on the Horizon

27 Apr 2026

No Crisis Mitigation on the Horizon

A quiet weekend, at least by recent standards, saw an alleged assassination attempt against US government officials, including the President himself, foiled, and yet another setback in the truce talks between the US and Iran. In another example of Donald Trump’s whimsical policymaking, he abruptly called off plans to send his team of negotiators to Islamabad, Pakistan, for the next round of talks with the Persian Gulf nation.

Daily Oil Fundamentals

Ceasefire Increases Oil Movement Stasis

23 Apr 2026

Ceasefire Increases Oil Movement Stasis

The war in the Middle East has taken another turn, and arguably for the worse. Instead of trading missiles, drones and bombs, the new metric is how many ships can each side interfere with. After the US imposed its own blockade, it has now taken it internationally by intercepting 3 oil tankers in Asian waters, far from the Persian Gulf. Returning the favour, Iran has captured 2 container ships and IRGC gunboats have fired upon other vessels in and around Hormuz according to the United Kingdom Maritime Trade Operations.