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What’s Holding Back Oil Prices Now? | Matt Smith

Name: What’s Holding Back Oil Prices Now? | Matt Smith
Uploaded: 2026-07-18T18:54:35.000Z
Description: The Strait of Hormuz has been severely disrupted for more than four months, and crude is still trading in the $80s. Meanwhile, diesel at the U.S. pump has passed $5 a gallon and has outpaced crude since the crisis began. If the world’s biggest oil choke point remains this constrained, why isn’t the oil price showing more of the strain?

Market Insider

Jul-18-2026

The Strait of Hormuz has been severely disrupted for more than four months, and crude is still trading in the $80s. Meanwhile, diesel at the U.S. pump has passed $5 a gallon and has outpaced crude sinc...

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