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Brent crude is up nearly 40% from its early July low as Iran US tensions rise, says Jeroen Blokland. Activity in the Strait of Hormuz has fallen to almost zero

BWB News TV • 2026-07-23 08:36 UTC • By Billy Odell Tucker-Robinson
Brent crude is up nearly 40% from its early July low as Iran US tensions rise, says Jeroen Blokland. Activity in the Strait of Hormuz has fallen to almost zero
Brent crude is up nearly 40% from its early July low as Iran US tensions rise, says Jeroen Blokland. Activity in the Strait of Hormuz has fallen to almost zero while global oil inventories keep shrinking.
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