Oil jumped 8% as Trump’s Hormuz blockade undid the ceasefire crash
Talks collapsed in Pakistan. A naval blockade replaced a truce. For Russia’s war revenues, the brief window of relief is over.
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Brent crude oil prices
13 posts
Oil posts biggest crash since 1991—but the Gulf ceasefire has two versions
Brent fell 15%. Missiles kept flying. Iran’s “open” Strait comes with a $2 million entry fee.
Russia sells its oil while arming the enemy Washington is bombing
Russian oil is moving. Iranian is not. The difference goes straight to Ukraine’s front line.
Why oil dropped 13% on a deal Iran says never happened?
Trump blinked. Iran said he blinked alone.
Ukraine pauses rate cuts as Middle East oil shock rewrites inflation forecast
The NBU had one cut behind it and more planned. Then oil prices spiked.
The US waiver was meant to stabilize markets. Russia’s oil income jumped $890 million in a week.
Bloomberg data shows the $28 penalty Western sanctions built into every Russian barrel has nearly vanished.
Iran threatened to close Hormuz. That was enough.
When a strait closes on paper, prices move as if it has closed for real.
Oil swings $30 in a day as Iran turns Hormuz into a diplomatic weapon
From $120 to $90 in 24 hours: Iran named its price for reopening the world’s most critical energy chokepoint.
Did the US just fund Russia’s war by bombing its drone supplier?
Urals crude hits budget target for first time in months as Gulf chaos drives global prices up.
Iran de-escalation sends oil down 5%, squeezing Russia’s war funding (INFOGRAPHIC)
Moscow’s January revenues could hit their lowest since late 2022.
Did 2025 break Russia’s oil revenue model? (INFOGRAPHIC)
Kremlin budgeted for $70 oil. Ukrainian strikes and Western sanctions ensured it got $35.
From battlefield to oilfields: Ukraine’s drones squeeze Russia’s war economy
Ukrainian strikes hit 16 of Russia’s 38 refineries, disrupting 1M+ barrels daily as diesel exports approach 2020 lows.
Reuters: Trump may help Ukraine unintentionally despite earlier moves undermining it
Since Trump’s presidency began, Brent crude prices dropped from $82 to $61 per barrel. This decline undermines Russia’s war funding capacity.