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EUROPEAN WINDOW

A free overview of the market at the end of the London trading day

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Brent Continues to Decline As Chinese VLCCs Transit Bab el-Mandeb Strait

Brent falls as Saudi flows bypass Red Sea risks, ADNOC expands tenders, and Japan secures diversified crude supplies.
24 July 2026

Brent over $100/bbl!

Brent hits $101 highs and remains above $100 as President Trump threatens Iran with "massive attack"
23 July 2026

Brent Trades Rangebound as CMA CGM Introduces Fuel Surcharge

Brent holds firm as shipping costs rise, Iraq signs $200bn energy deals, and Pakistan seeks crude beyond the Middle East.
22 July 2026

Brent Breaks Above $90/bbl as Kuwaiti Ship Attacked

Brent topped $91 as a tanker was hit in Hormuz. India boosted Russian crude imports, while Russia rerouted fuel supplies.
21 July 2026

Brent Trades Rangebound as Houthis Declare Maritime Blockade

Brent steady as Houthi Saudi blockade threat escalates, Hormuz flows slow, US gasoline tops $4/gal and China fuel exports rise.
20 July 2026

Brent Recovers as Oil Tanker Attacked Near Black Sea Terminal

Brent steadies as CPC tanker attack, China fuel price hikes and Red Sea risks keep geopolitical tensions elevated.
17 July 2026

Brent Dips Despite Bab el-Mandeb Closure Threats

Brent falls as Bab el-Mandeb risks rise; Iraq exports resume, China expands ethylene, India restricts Hormuz crews.
16 July 2026

Brent Dips to $83/bbl as the US Set to Back Iraq-Syria Crude Oil Pipeline

US supports Hormuz bypass pipeline, Russia refinery hit, China fuel demand weakens, while Japan diversifies crude supply.
15 July 2026

Brent Declines as Trump Cancels 20% Fee

Brent eases as Trump confirms Iran shipping blockade. China imports slump, while Brazil and Nigeria adjust fuel policies.
14 July 2026

Brent Rises As Trump Reinstates Blockade

Brent rises as US-Iran tensions escalate. OPEC cuts 2026 demand outlook, while Nigeria output and global fuel security efforts grow.
13 July 2026

Brent Eases as The US Agrees to Further Talks With Iran

Brent eases as US-Iran talks resume. Russia's fuel crunch deepens, while India expands SPR capacity with a new 13mb site.
10 July 2026

Brent Slides as Russia’s Saratov Refinery is Hits

Brent falls as Russia halts refinery runs and bans diesel exports. CFTC blocks 24/7 crude trading; Iraq backs OPEC membership.
9 July 2026

Brent Breaks $80/bbl Following US-Iran Escalations

Brent breaks $80 as Iran tensions escalate, Hormuz risks rise, tanker flows halt, and China resumes fuel exports.
8 July 2026