Bulletin Updates

Hormuz back in the crosshairs: Iran re-declares the strait closed as Brent firms and India's feedstock calculus turns murky again – 19 Jun 2026

Jun 19, 2026

Just as supply looked to be normalising, Iran declared the Strait of Hormuz closed again on June 20 - a claim the US disputes as traffic keeps flowing. Brent has firmed back toward $80-81, peace talks have stalled, and India's importers face renewed uncertainty rather than the clean reopening the market had priced.

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