03/13/2026
Brent crude is back above $100, but the real story is the escalating risk around the Strait of Hormuz.
A misread tanker route briefly eased nerves, yet Iran's blockade, attacks on vessels, and rising infrastructure threats keep supply fears front and center. Can emergency releases and policy moves stabilize markets, or is this just the beginning of a prolonged energy shock?
Source: https://www.reuters.com/business/energy/oil-drops-after-us-issues-license-countries-buy-russian-oil-stranded-sea-30-days-2026-03-13/