US refiners profit from Hormuz disruptions as crude price odds decline; new all-time high by September 30 at 3.7% YES, by December 31 at 8.5% YES.

Asian refiners are offering excess Middle Eastern crude to the U.S. West Coast as Gulf supplies recover and Asian demand eases following the reopening of the Strait of Hormuz.

Oil exports through Hormuz fell to one-third of pre-war levels in June. WTI reaching $110 in July 2026 at 1.7% YES.

Tanker traffic through Hormuz has begun to recover, though vessel movements remain well below pre-conflict levels

US refiners profit from Hormuz disruptions as crude price odds decline; new all-time high by September 30 at 3.7% YES, by December 31 at 8.5% YES.

US fuel supply is at risk due to reliance on heavy crude imports amid Strait of Hormuz tensions. WTI reaching $110 in July 2026 at 0.8% YES.

Brent crude has sunk by 30 per cent in the second quarter of 2026 - unwinding all of the gains seen during the Iran war. Read more at straitstimes.com. Read more at…