After a brief reprieve in the wake of a ceasefire deal between the US and Iran, the crisis in the Strait of Hormuz has sent oil prices spiralling again. Europe in Motion breaks down the European countries with the most significant fluctuations. #EuropeInMotion
By Alessio Dell'Anna & video by Léa Becquet
Published on
27/07/2026 - 9:45 GMT+2
Sailing through the Strait of Hormuz, the crucial shipping lane between Iran and Oman, remains a highly dangerous venture.
In recent days, there have been several reports of attacks on oil tankers by both Iran and Yemen's Iran-backed Houthi Rebels.
Hormuz crisis strains Europe's oil market as Brent crude spikes to $92.27
Iran war disrupts Strait of Hormuz, fuels price surge in Europe and Asia
How the Strait of Hormuz crisis is reshaping the global economy
Hormuz Tanker Crossings Sink to Lowest Level Since May as War Risk Spikes | OilPrice.com
Middle East oil producers seek Strait of Hormuz alternatives as the U.S.-Iran war escalates
West Asia oil producers step up plans to bypass Strait of Hormuz
