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Context Call: June 2026 (Video)

Updates to our tracking of transits through the Strait of Hormuz, the critical role of China in counterbalancing the loss of Middle Eastern exports, and continuing to wait for scarcity pricing.

Thank you to all the subscribers who turned out live for our third Context Call Q&A and contributed so many good questions.

Like last time, we’re posting a recording of the call for oil watchers who weren’t able to make it live.

There’s a ~3:30 minute preview of the call available to all subscribers that covers an update to Hormuz transit traffic, and paid subscribers can watch the full ~75-minute Context Call recording above.

Become a paid subscriber today to watch the full Context Call recording and join us in our hunt for ever-deeper oil market context

This post is for paid subscribers