04 May 2026

08:52

  • Bitumen 60/70

    446$

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    -

    15$

    FOB Bandar Abbas - New Steel Drum

    1.8%

  • Bitumen 60/70

    446$

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    15$

    FOB Bandar Abbas - New Steel Drum

    1.8%

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    426$

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    15$

    FOB Bandar Abbas - Jumbo Bag

    1.9%

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    414$

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    0.2%

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    437$

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    15$

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    1.8%

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    438$

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    15$

    FOB Bandar Abbas - New Steel Drum

    1.8%

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    440$

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    15$

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    1.8%

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    441$

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    1.8%

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    440$

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    1.8%

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    430$

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    15$

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    1.9%

  • Bitumen PG 76-10

    618$

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    15$

    FOB Bandar Abbas - New Steel Drum

    1.3%

  • Bitumen 200/300

    436$

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    15$

    FOB Bandar Abbas - New Steel Drum

    1.8%

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    400$

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    15$

    FOB Bandar Abbas - Carton 25KG

    2.0%

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    400$

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    15$

    FOB Bandar Abbas - Carton 25KG

    2.0%

  • Bitumen Oxidized 85/25

    402$

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    FOB Bandar Abbas - Carton 25KG

    2.0%

  • Bitumen Oxidized 95/25

    402$

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    15$

    FOB Bandar Abbas - Carton 25KG

    2.0%

  • Bitumen Emulsion CRS-1

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    15$

    FOB Bandar Abbas - Reconditioned Drum

    1.4%

  • Bitumen Emulsion K1-60

    584$

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    FOB Bandar Abbas - Reconditioned Drum

    1.4%

  • Bitumen Emulsion CRS-2

    627$

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    15$

    FOB Bandar Abbas - Reconditioned Drum

    1.3%

  • Bitumen Cutback MC70

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    1.3%

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    653$

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    15$

    FOB Bandar Abbas - Reconditioned Drum

    1.2%

  • Bitumen Cutback MC250

    624$

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    15$

    FOB Bandar Abbas - Reconditioned Drum

    1.3%

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    648$

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    5$

    FOB Bandar Abbas - Bulk

    7.3%

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    640$

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    5$

    FOB Bandar Abbas - Bulk

    8.1%

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    713$

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    6.2%

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    6.8%

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    FOB UAE - Bulk

    0%

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    102.58$

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    5$

    Texas - Bulk

    0.6%

  • Crude Oil Brent

    108.91$

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    5$

    London - Bulk

    0.7%

Home Blog JP Morgan Warns Oil Could Hit $120 if Hormuz Stalemate Drags Into July

JP Morgan Warns Oil Could Hit $120 if Hormuz Stalemate Drags Into July

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Update date: 2026/04/10

Oil prices could spike and hit again their peak Iran-war levels at nearly $120 per barrel if a full recovery of vessel traffic through the Strait of Hormuz takes until July, according to JP Morgan. Despite the ceasefire announced earlier this week, traffic through the critical oil chokepoint remains severely restricted and under supervision and approval by Iran’s Islamic Revolutionary Guard Corps (IRGC). “The ceasefire has not reopened the Strait of Hormuz, and transit remains tightly controlled,” maritime intelligence firm Windward said on Thursday.…

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