Oil drop cools US inflation
3 months ago
U.S. consumer inflation fell to 3.5% in June, easing expectations for Federal Reserve rate increases after a drop in oil prices helped cool overall inflation.
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A 20% charge would work out to about $32 million for a fully-loaded very large crude carrier at current oil prices. That’s far higher than the tolls that have been charged by Iran, which have previously been described as reaching $2 million
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Trump to Restart Iran Blockade as US Plans 20% Hormuz Charge
President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement on all other cargo shipped through the waterway.
www.bloomberg.com
July 13, 2026 at 8:27 PM
A 20% charge would work out to about $32 million for a fully-loaded very large crude carrier at current oil prices. That’s far higher than the tolls that have been charged by Iran, which have previously been described as reaching $2 million
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
The Strait of Hormuz isn't simply open or closed. It's been more like my dog going in and out of the house all day.
The real risk is uncertainty: if shippers lose confidence that the route will stay open, oil prices could jump—even before anything actually happens.
The real risk is uncertainty: if shippers lose confidence that the route will stay open, oil prices could jump—even before anything actually happens.
July 13, 2026 at 10:35 PM
The Strait of Hormuz isn't simply open or closed. It's been more like my dog going in and out of the house all day.
The real risk is uncertainty: if shippers lose confidence that the route will stay open, oil prices could jump—even before anything actually happens.
The real risk is uncertainty: if shippers lose confidence that the route will stay open, oil prices could jump—even before anything actually happens.
by Trita Parsi
Oil Surges Most Since 2020, Reflecting Bet That Strait Won’t Go Back to Normal
International crude price climbed more than 10% after President Trump said he would reimpose U.S. blockade
www.wsj.com/finance/comm...
International crude price climbed more than 10% after President Trump said he would reimpose U.S. blockade
www.wsj.com/finance/comm...
Oil Surges Most Since 2020, Reflecting Bet That Strait Won’t Go Back to Normal
The international crude price climbed nearly 10% as President Trump said he would reimpose the U.S. blockade.
www.wsj.com
July 14, 2026 at 2:46 PM
Oil Surges Most Since 2020, Reflecting Bet That Strait Won’t Go Back to Normal
International crude price climbed more than 10% after President Trump said he would reimpose U.S. blockade
www.wsj.com/finance/comm...
International crude price climbed more than 10% after President Trump said he would reimpose U.S. blockade
www.wsj.com/finance/comm...
I've been asked what happens to US gas (petrol) prices IF, and it is a big if, international oil prices remain at current levels or move higher.
The answer: We'll see regular retail gasoline rise back above $4.00 a gallon, and diesel above $5.00, both before the end of this month.
#economy #gas #oil
The answer: We'll see regular retail gasoline rise back above $4.00 a gallon, and diesel above $5.00, both before the end of this month.
#economy #gas #oil
July 14, 2026 at 1:41 PM
#Russia higher oil prices earlier in the spring now showing up in the federal budget.
Revenue y/y
4/26 +5.8%
5/26 +24.3%
6/26 +34.6%
But expenditures also rising rapidly. Deficit 1-6/2026 RUB5.7tn, or 2.5% of GDP. Lower oil prices lead to lower oil&gas tax revenue going forward.
Revenue y/y
4/26 +5.8%
5/26 +24.3%
6/26 +34.6%
But expenditures also rising rapidly. Deficit 1-6/2026 RUB5.7tn, or 2.5% of GDP. Lower oil prices lead to lower oil&gas tax revenue going forward.
July 13, 2026 at 9:14 AM
#Russia higher oil prices earlier in the spring now showing up in the federal budget.
Revenue y/y
4/26 +5.8%
5/26 +24.3%
6/26 +34.6%
But expenditures also rising rapidly. Deficit 1-6/2026 RUB5.7tn, or 2.5% of GDP. Lower oil prices lead to lower oil&gas tax revenue going forward.
Revenue y/y
4/26 +5.8%
5/26 +24.3%
6/26 +34.6%
But expenditures also rising rapidly. Deficit 1-6/2026 RUB5.7tn, or 2.5% of GDP. Lower oil prices lead to lower oil&gas tax revenue going forward.
by Trita Parsi
Seems like Trump just made a pitch for the Iranian toll system. :)
Because the Iranians were going to charge $1mn per ship, which would amount to 1-2% of the value of the cargo of an oil tanker.
But Trump is going to charge 20%! :)
Because the Iranians were going to charge $1mn per ship, which would amount to 1-2% of the value of the cargo of an oil tanker.
But Trump is going to charge 20%! :)
July 13, 2026 at 2:50 PM
Seems like Trump just made a pitch for the Iranian toll system. :)
Because the Iranians were going to charge $1mn per ship, which would amount to 1-2% of the value of the cargo of an oil tanker.
But Trump is going to charge 20%! :)
Because the Iranians were going to charge $1mn per ship, which would amount to 1-2% of the value of the cargo of an oil tanker.
But Trump is going to charge 20%! :)
Reposted by Steve Peers, Luc Int Panis
Brent above $85. European gas back over €50/MWh as Hormuz escalates again.
A reminder: A fifth of global oil and LNG passes through that strait. Every heat pump, EV and electrified factory shrinks this exposure. Electrons made at home cannot be blockaded in a shipping lane.
A reminder: A fifth of global oil and LNG passes through that strait. Every heat pump, EV and electrified factory shrinks this exposure. Electrons made at home cannot be blockaded in a shipping lane.
July 14, 2026 at 9:55 AM
Brent above $85. European gas back over €50/MWh as Hormuz escalates again.
A reminder: A fifth of global oil and LNG passes through that strait. Every heat pump, EV and electrified factory shrinks this exposure. Electrons made at home cannot be blockaded in a shipping lane.
A reminder: A fifth of global oil and LNG passes through that strait. Every heat pump, EV and electrified factory shrinks this exposure. Electrons made at home cannot be blockaded in a shipping lane.
Reposted by David Darmofal
Oil Surges Most Since 2020, Reflecting Bet That Strait Won’t Go Back to Normal
www.wsj.com/finance/comm...
www.wsj.com/finance/comm...
Oil Surges Most Since 2020, Reflecting Bet That Strait Won’t Go Back to Normal
The international crude price climbed nearly 10% as President Trump said he would reimpose the U.S. blockade.
www.wsj.com
July 14, 2026 at 2:54 AM
Oil Surges Most Since 2020, Reflecting Bet That Strait Won’t Go Back to Normal
www.wsj.com/finance/comm...
www.wsj.com/finance/comm...