S&P 500 ▲ 7,575.39 · Brent ▲ $76.01 · Gold ▼ $4,104.10 · VIX ▼ 15.0 · 10Y UST ▲ 4.57%
Russia banned diesel exports through 31 July after Ukrainian drone strikes disabled 42.7 per cent of its refining capacity. In the same week, Hormuz traffic fell to 5–14 vessels daily from a 130-vessel pre-war baseline. Brent settled at $76 – not the $120 that a 90 per …