Oil and Hormuz: tension flares again

Sources

• Bloomberg

  Iran exported at least 57 million barrels of crude during the gap between two rounds of US naval blockade

  Cited Jul 14, 2026https://www.bloomberg.com/news/articles/2026-07-13/iran-shipped-57-million-barrels-of-crude-between-us-blockades

• Zawya

  OPEC lowered its 2026 global oil demand growth forecast for a third consecutive month, to about 800,000 barrels per day

  Cited Jul 14, 2026https://www.zawya.com/en/business/commodities/opec-further-lowers-2026-global-oil-demand-growth-forecast-ox4akknq

• Business Insurance

  hull war-risk premiums for a Hormuz transit have climbed to around 5% of vessel value

  Cited Jul 14, 2026https://www.businessinsurance.com/traffic-slows-through-strait-of-hormuz-war-risk-rates-rise/