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Hormuz shipping

This week in energy

Energy radar

+5

This week in energy

Brent fell below $69 a barrel at the beginning of July. On Thursday morning, it reached $98.76 – a rise of around 44% in three weeks and its highest level since early June. The week began with Saudi tankers turning away from Bab el-Mandeb. It ended with a confirmed Houthi strike, falling Kazakh production and oil closing in on $100.

LockSimple

Jul 23, 2026

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3 min read

The market is running out of workarounds

Briefing

+4

The market is running out of workarounds

A tanker carrying Saudi crude to China is sailing in the wrong direction. At the same time, traffic through Hormuz has fallen sharply again, Black Sea oil loadings have stopped and damaged Russian refineries are supplying less fuel. The market is pricing what happens when several buffers come under pressure at once.

LockSimple

Jul 23, 2026

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8 min read

What the insurance market knows that the oil price doesn't

Maritime markets

+4

What the insurance market knows that the oil price doesn't

War risk premiums for Hormuz transits rose from 0.2% of hull value before the war to as high as 10% at the peak. Analysts expect them to settle at 1–2% post-ceasefire – five to ten times pre-war levels, permanently. The oil price has moved on. The insurance market hasn't.

LockSimple

Apr 9, 2026

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4 min read

This week in energy

Energy radar

+5

This week in energy

Five signals from the past 48 hours.

LockSimple

Apr 9, 2026

•

3 min read

Global Energy Dynamics

Global Energy Dynamics delivers structured, independent intelligence on global energy markets, helping professionals stay ahead of emerging trends.

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