Webinar: The Strait of Hormuz is open – outlook for global oil and bunker prices

In this 30-minute webinar, our specialists explore the current oil price and bunker market outlook following the recent agreement between the US and Iran to reopen the Strait of Hormuz.

Arne Lohmann Rasmussen, Chief Analyst and Head of Research at GRM, provides an overview of the current oil market environment, the latest developments in the Middle East, and the key factors influencing oil and bunker markets.

Sean Burgin, Senior Purchaser and Team Leader for Unicore Fuel Middle East Dubai, shares insights from the Fujairah market, including the ongoing lack of fuel cargoes, the impact on bunker availability and premiums, and his outlook for when supply and pricing conditions may begin to normalize, currently expected towards Q4.

This webinar is moderated by Ash Gavin from Bunker Holding Group A/S. 

The webinar was recorded on June 22, 2026.

Watch the recording here

speakers

Arne Lohmann Rasmussen

Chief Analyst, Global Risk Management
arra@global-riskmanagement.com

+45 8838 0038

Sean Burgin

Senior Purchaser and Team Leader
udbh@unicore-fuel.com

+971 56 501 6352

GRM in the media

Many international media channels and journalists have invited our Chief Analyst & Head of Research, Arne Lohmann Rasmussen, to share his expert insights on the oil, gas, and energy markets. Click a logo to see our specialist commentary:

Iran to close the Strait of Hormuz: It could be costly for Denmark.

Maduro overthrow in oil-rich Venezuela unlikely to shake energy markets in the near term.

Strait of Hormuz ship traffic slows to a crawl. Here’s what to know about the key oil waterway.

Strait of Hormuz: What happens if Iran shuts global oil corridor?

European Union’s US gas use set to soar, increasing price volatility.

Missile fears slow traffic in the Strait of Hormuz – energy prices rise.