Caspian Pipeline halts oil loadings after drone attacks on tankers. WTI reaching $110 in July 2026 at 5.6% YES.

An oil tanker was hit near the CPC terminal in the Black Sea amid ongoing tensions. Shipping through the Strait of Hormuz by July 31, 2026 at 3.2% YES.

A fire broke out on board but was extinguished by the crew