The Strait of Hormuz remains effectively contested following the expiry of the US-Iran ceasefire agreement, while renewed Houthi activity is threatening shipping through the Bab el-Mandeb Strait. Despite some tankers continuing to navigate these critical waterways, Brent crude has climbed above US$91 a barrel as markets weigh the risk of deeper supply disruption. How much oil is still getting through, how long can global inventories provide a cushion, and what would it take to send crude back above US$100 a barrel?


Image Credit: Shutterstock

The Strait of Hormuz remains effectively contested following the expiry of the US-Iran ceasefire agreement, while renewed Houthi activity is threatening shipping through the Bab el-Mandeb Strait. Despite some tankers continuing to navigate these critical waterways, Brent crude has climbed above US$91 a barrel as markets weigh the risk of deeper supply disruption. How much oil is still getting through, how long can global inventories provide a cushion, and what would it take to send crude back above US$100 a barrel? Image Credit: Shutterstock

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.