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Oil below pre-war levels is a verdict on Hormuz, and a problem for everyone who bet the Strait would stay open

Brent is trading below pre-war levels even as CENTCOM runs another strike cycle and Oman floats transit fees. The market has already issued its verdict on Hormuz, and it is not waiting for the diplomats to catch up.

A large cargo ship sails on the ocean horizon while people gather along a hazy beach near a vendor cart beneath a faded umbrella.
A large cargo ship sails on the ocean horizon while people gather along a hazy beach near a vendor cart beneath a faded umbrella. @farsna · Telegram

Sources

  • https://t.me/BBCWorldoffl
  • https://x.com/middleeasteye/status/oman-hormuz-strait
  • https://t.me/osintlive
  • https://t.me/TheCradleMedia/centcom-statement
  • https://x.com/Osint613/status/2070984561740132406
  • https://t.me/wfwitness
  • https://t.me/farsna
  • https://t.me/Tsaplienko/sbU-vtorovo-strike
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