DAIRYMARKET INSIGHTS

Oil market remarkably calm under tanker attacks

Linda van Eekeres Copy Editor / Market Reporter Food & Packaging at DCA Market Intelligence · Published Jul 7, 2026
Oil market remarkably calm under tanker attacks
Oil is showing no signs of falling below $70 per barrel. But despite three new attacks on tankers in the Strait of Hormuz, the price remains fairly stable. Read more about the energy market here.

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DCA Market Intelligence is an independent Price Reporting Agency for food and agricultural commodity markets. Through benchmark prices, market data and insights, DCA supports producers, traders, retailers and financial institutions worldwide.