BRENT -
WTI -
NAT GAS -
EUR/USD -
GBP/USD -
USD/CNY -
USD/INR -
USD/JPY -
HORMUZ BLOCKADE HOLDS, ACTIVELY HOSTILE: JUST 1 TANKER TRANSITED JUL 23, LOWEST SINCE MAY 7; THIRD-FLAG LPG TANKER DISHA ATTACKED INSIDE STRAIT JUL 24, CREW SAFE / CENTCOM COMPLETES 13TH CONSECUTIVE NIGHT OF STRIKES / NAVAL BLOCKADE ENFORCEMENT: 8 VESSELS REDIRECTED, 1 DISABLED / CUMULATIVE US MILITARY DEATHS: 18 KIA, CONFIRMED / ~482 WOUNDED / WAR-RISK PREMIUMS ~5% HULL VALUE (NEW MARKET NORM, WITHIN 3-10% BAND) / Day 148 / BRENT $96.78/bbl (-3.9% Jul 24 settlement) / DEAL COLLAPSE: 85-90% / Physical reopening: Q4 2026 BASE CASE
BAB EL-MANDEB SAUDI ARABIA STRIKES BACK: coalition hit Houthi sites in Hodeidah governorate Jul 24, first Saudi combat action against the blockade, making good on its Jul 22 force threat; Houthis vow "escalation for escalation," unexecuted as of this writing / FLAG-BASED BLOCKADE HOLDS: closed to Saudi-FLAGGED tankers, not Saudi-origin cargo -- two Chinese-operated VLCCs (Xin Long Yang, Cosnew Lake; Singapore- and Hong Kong-flagged) carried ~4M bbls of Saudi-origin Yanbu crude through without incident Jul 23-24 / Encelia strike (Jul 22) remains the only confirmed vessel hit; second tanker Layla claimed struck, still unconfirmed / War-risk hull premium 1-3% of vessel value (Insurance Journal, Jul 23), up from 0.75% baseline set on the Jul 20 declaration, Saudi-linked southern Red Sea voyages as high as 3%, under renewed pressure post-Hodeidah / Closure risk revised up to 70-85%
SUEZ Normal / 5.5M bbl/d
MALACCA Normal / 16.3M bbl/d
BRENT -
WTI -
NAT GAS -
EUR/USD -
GBP/USD -
USD/CNY -
USD/INR -
USD/JPY -
HORMUZ BLOCKADE HOLDS, ACTIVELY HOSTILE: JUST 1 TANKER TRANSITED JUL 23, LOWEST SINCE MAY 7; THIRD-FLAG LPG TANKER DISHA ATTACKED INSIDE STRAIT JUL 24, CREW SAFE / CENTCOM COMPLETES 13TH CONSECUTIVE NIGHT OF STRIKES / NAVAL BLOCKADE ENFORCEMENT: 8 VESSELS REDIRECTED, 1 DISABLED / CUMULATIVE US MILITARY DEATHS: 18 KIA, CONFIRMED / ~482 WOUNDED / WAR-RISK PREMIUMS ~5% HULL VALUE (NEW MARKET NORM, WITHIN 3-10% BAND) / Day 148 / BRENT $96.78/bbl (-3.9% Jul 24 settlement) / DEAL COLLAPSE: 85-90% / Physical reopening: Q4 2026 BASE CASE
BAB EL-MANDEB SAUDI ARABIA STRIKES BACK: coalition hit Houthi sites in Hodeidah governorate Jul 24, first Saudi combat action against the blockade, making good on its Jul 22 force threat; Houthis vow "escalation for escalation," unexecuted as of this writing / FLAG-BASED BLOCKADE HOLDS: closed to Saudi-FLAGGED tankers, not Saudi-origin cargo -- two Chinese-operated VLCCs (Xin Long Yang, Cosnew Lake; Singapore- and Hong Kong-flagged) carried ~4M bbls of Saudi-origin Yanbu crude through without incident Jul 23-24 / Encelia strike (Jul 22) remains the only confirmed vessel hit; second tanker Layla claimed struck, still unconfirmed / War-risk hull premium 1-3% of vessel value (Insurance Journal, Jul 23), up from 0.75% baseline set on the Jul 20 declaration, Saudi-linked southern Red Sea voyages as high as 3%, under renewed pressure post-Hodeidah / Closure risk revised up to 70-85%
SUEZ Normal / 5.5M bbl/d
MALACCA Normal / 16.3M bbl/d
BRENT: -
WTI: -
NAT GAS: -
EUR/USD: -
GBP/USD: -
USD/CNY: -
USD/INR: -
USD/JPY: -
HORMUZ: BLOCKADE HOLDS, ACTIVELY HOSTILE: JUST 1 TANKER TRANSITED JUL 23, LOWEST SINCE MAY 7; THIRD-FLAG LPG TANKER DISHA ATTACKED INSIDE STRAIT JUL 24, CREW SAFE / CENTCOM COMPLETES 13TH CONSECUTIVE NIGHT OF STRIKES / NAVAL BLOCKADE ENFORCEMENT: 8 VESSELS REDIRECTED, 1 DISABLED / CUMULATIVE US MILITARY DEATHS: 18 KIA, CONFIRMED / ~482 WOUNDED / WAR-RISK PREMIUMS ~5% HULL VALUE (NEW MARKET NORM, WITHIN 3-10% BAND) / Day 148 / BRENT $96.78/bbl (-3.9% Jul 24 settlement) / DEAL COLLAPSE: 85-90% / Physical reopening: Q4 2026 BASE CASE
BAB EL-MANDEB: SAUDI ARABIA STRIKES BACK: coalition hit Houthi sites in Hodeidah governorate Jul 24, first Saudi combat action against the blockade, making good on its Jul 22 force threat; Houthis vow "escalation for escalation," unexecuted as of this writing / FLAG-BASED BLOCKADE HOLDS: closed to Saudi-FLAGGED tankers, not Saudi-origin cargo -- two Chinese-operated VLCCs (Xin Long Yang, Cosnew Lake; Singapore- and Hong Kong-flagged) carried ~4M bbls of Saudi-origin Yanbu crude through without incident Jul 23-24 / Encelia strike (Jul 22) remains the only confirmed vessel hit; second tanker Layla claimed struck, still unconfirmed / War-risk hull premium 1-3% of vessel value (Insurance Journal, Jul 23), up from 0.75% baseline set on the Jul 20 declaration, Saudi-linked southern Red Sea voyages as high as 3%, under renewed pressure post-Hodeidah / Closure risk revised up to 70-85%
SUEZ: Normal / 5.5M bbl/d
MALACCA: Normal / 16.3M bbl/d