Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz

Impact · against what's priced in

The outlook for Asian refiners is deteriorating as the 'shuttle system' for crude exports appears to be hitting a capacity ceiling, evidenced by a 40% drop in weekly flows. While current oil prices reflect general wartime risk, the potential for a full-scale military campaign in November introduces a new catalyst for Brent to breach its $118.35 peak.

Scored by the NIS engine · methodology.

Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz

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geopolitics
crude oil
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freight rates
iran
middle east
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strait of hormuz
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Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz

What matters in this story

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Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz

What matters in this story

Freight rates for Russian oil stay at record highs amid tanker shortage, Black Sea risks, sources say

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Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz

What matters in this story

Next reads from the same story arc

Freight rates for Russian oil stay at record highs amid tanker shortage, Black Sea risks, sources say

Tankers defy sharp escalation of Iranian attacks to keep crude oil flowing through Strait of Hormuz

What matters in this story

Next reads from the same story arc

Freight rates for Russian oil stay at record highs amid tanker shortage, Black Sea risks, sources say

Track these names every morning.

Exxon's Refineries Out-Earned Its Oil Wells Last Quarter For the First Time in 6 Years. Here's What That Says About Where the Profit Is Coming From.

Natural Gas and Oil Forecast: Oil Eyes Fourth Monthly Gain, Can Brent Clear $114.37?

Cruise companies aim to keep fuel costs down. Their strategies for doing so differ

TTE Q3 Earnings Miss Estimates, Middle East Crisis Impacts Production