Daily Oil Fundamentals

Missile Exchanges, the New Currency of Monday Morning News

13 Jul 2026

Missile Exchanges, the New Currency of Monday Morning News

It did not take long for the recent state of tetchiness in negotiations between the United Sates of America and the Islamic Republic of Iran to turn into shooting once again. Over the weekend the US said it carried out 140 strikes on Iranian infrastructure on Saturday and again there were more strikes again on Sunday. Iran has returned the favour by hitting out at US allies in the area and the whole sorry repetitive circus is once again amongst us. The quibble from any oil watcher’s perspective is how any of this affects the running of oil cargoes through the Strait of Hormuz.

Daily Oil Fundamentals

Russian Cracks

10 Jul 2026

Russian Cracks

Although traffic through the Strait of Hormuz came to a virtual standstill yesterday following the latest flare-up in hostilities between Iran and the US, oil investors remained admirably relaxed, or even nonchalant, about the situation. On the other hand, they are clearly worried, though not about supply disruptions but about demand destruction.

Daily Oil Fundamentals

Nothing is Finished

09 Jul 2026

Nothing is Finished

The problems of the Strait of Hormuz are not cured. So says the Iranians when they launched attacks on commercial shipping for not adhering to requests to navigate in the shipping lanes nearer to the Iranian coast rather than that of Oman. And so says the US President.

Insights

Daily Oil Fundamentals