BRENT: -
WTI: -
NAT GAS: -
EUR/USD: -
GBP/USD: -
USD/CNY: -
USD/INR: -
USD/JPY: -
HORMUZ: STAND-DOWN ACTIVE / MINES REMAIN / Day 128 afternoon / STAND-DOWN HOLDING -- NO ALERT-LEVEL DEVELOPMENTS / FRANCE DEPLOYS 2 MINEHUNTERS + 2 FRIGATES + 1 MPA TO REGION, OMAN AGREES TO SECURE TERRITORIAL WATERS WITH UK/FRANCE -- NO CONFIRMED STRAIT/OMANI-WATERS ENTRY, NO IRANIAN REACTION YET / IRAN REAFFIRMS CLEARANCE SOLELY BY IRAN, REJECTS FRANCE OFFER / VESSEL TRANSITS: SOURCES INCONSISTENT, 24-40/DAY RANGE VS 34-45 BASELINE / DOHA RESUMPTION FIRMS TO ~JUL 11 -- PROCEDURAL, NOT A BREAKDOWN / KATZ 48-HOUR WINDOW STILL UNRESOLVED / CENTRAL CHANNEL: ~80 MINES PENDING AUTHORIZATION -- NONE GRANTED / DEAL COLLAPSE: 35-45% (UNCHANGED) / Physical reopening: LATE AUGUST IF MID-JULY MINE CLEARANCE; Q4 2026 BASE CASE
SUEZ: Normal / 5.5M bbl/d
MALACCA: Normal / 16.3M bbl/d

Countries

In-depth assessments of 21 countries: production, transit vulnerability, reserves, political risk.

TIER 1 HIGH-VALUE MARKETS

United States

United States profile: the world's largest oil and gas producer, CENTCOM and US naval power securing the Strait of Hormuz, and the strategic stakes of a Gulf oil disruption.

Macro-EconomistEnergy StrategistDefense Analyst

United Kingdom

United Kingdom profile: London as the epicenter of global marine and war-risk insurance (Lloyd's), shipping services, and coalition diplomacy through the Strait of Hormuz crisis.

Macro-EconomistEnergy StrategistMaritime Analyst

UAE

UAE energy profile: the Habshan-Fujairah pipeline to the Gulf of Oman, the single most important physical Strait of Hormuz bypass, making Fujairah the region's relief valve.

Middle East ExpertEnergy StrategistDefense Analyst

Saudi Arabia

Saudi Arabia energy profile: the world's largest oil exporter, the East-West (Petroline) pipeline as the main Strait of Hormuz bypass to the Red Sea, and its lead role in Gulf oil diplomacy.

Middle East ExpertEnergy StrategistMaritime Analyst

India

India energy profile: heavy crude-import dependence on the Gulf, exposure to Strait of Hormuz price and freight shocks, and the world's largest pool of merchant seafarers crewing global tanker fleets.

South Asia ExpertEnergy StrategistMaritime Analyst

Japan

Japan energy profile: near-total crude-import dependence on the Gulf via the Strait of Hormuz, one of the world's largest strategic petroleum reserves, and exposure to oil-price and supply shocks.

East Asia ExpertEnergy Strategist

South Korea

South Korea energy profile: a major crude importer and refined-product exporter dependent on Gulf oil via the Strait of Hormuz, with large strategic reserves buffering supply shocks.

East Asia ExpertEnergy Strategist

Singapore

Singapore energy profile: Asia's leading oil refining, trading, and bunkering hub, dependent on Gulf feedstock via the Strait of Hormuz and exposed to supply and freight shocks.

East Asia ExpertEnergy StrategistMaritime Analyst