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Tue · 27 Oct 2026

Brent Breaks $113 as Iran Tanker Campaign Tightens Hormuz Grip

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Brent Breaks $113 as Iran Tanker Campaign Tightens Hormuz Grip

🛢️ HORMUZ — $113 is the market pricing a war Washington is losing at sea. 📌 LOOK CLOSER: Each $3 gap from the last published Brent floor is CENTCOM credibility draining in real time. Iran's accelerated tanker targeting post-October 11 — 23 attacks this month alone — has compressed transits to near zero and now forced a price break. With November 5 approaching, Tehran has made the economic cost visible before any US strike lands. Rate cuts stay frozen; European import bills spike again.

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