Hormuz Reopened Just Long Enough to Fool the Oil Market

Strait of Hormuz oil flows have collapsed again as tanker traffic freezes, even as crude prices ease on hopes of US and Iran de-escalation. Bruno Santos, StoneX Brazil, Market Intelligence Analyst, explains why oil is now pricing physical supply risk from the Strait of Hormuz and the Red Sea, not geopolitical headlines alone. With the Strait of Hormuz and the Bab el Mandeb strait both constricted, crude tanker flows have cratered and Asia-bound cargoes face reroutes around the Cape of Good Hope. China has leaned on inventories built through 2025, and its expected return to buying is a major swing factor for Brent crude as diesel and refining margins tighten across the United States, Europe, and Asia. 0:00 Hormuz Whipsaws the Oil Market 1:32 Hormuz Tanker Flows Collapse 2:11 Red Sea Squeeze Reaches Asia 3:33 China Emerges as Swing Factor 4:30 US Oil Safety Net Wears Thin 5:44 Diesel Is the Real Squeeze Discover Actionable Energy Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/energy?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_bruno_santos&utm_content=share Like and subscribe for more financial market insights. #StoneX #BrunoSantos #CrudeOil #Iran