Chart of the Day

Chart of the day — 2026-06-20

Brent steadied near $80 while Hormuz transits sit at a tenth of normal. The gap between the priced reopening and the physical one is this week's signal. One chart.

The Strait reopened on paper · the Gulf's $80 problem · the owners keep buying

Why it matters

Brent steadied near $80 while Hormuz transits sit at a tenth of normal. The gap between the priced reopening and the physical one is this week's signal. One chart.


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