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Oil markets get glimpse of relief as tankers cross Hormuz under US escort
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AzerNews - News from Azerbaijan, Business, Energy, Analysis
29 July 2026 18:16 (UTC+04:00)Ulviyya Poladova Read moreThe military situation in the Middle East remains tense, continuing to influence oil prices on global energy markets, AzerNEWS reports.
Compared with previous days, oil prices have edged higher today.
Two of the vessels were crude oil tankers.
Meanwhile, 37 vessels have passed through the Bab el-Mandeb Strait in the Red Sea, approximately 12 of them oil tankers.
However, the volume of crude oil carried by these tankers is unknown, meaning that their passage has not had a significant impact on market prices.