Oil prices surge as US reinstates Iran blockade in the Strait of Hormuz

14 Jul 2026. Oil is surging and Kpler’s own data shows tanker traffic has halved in a week. We get the latest with Matt Stanley. Plus, GCC hiring has contracted for the first time in seven quarters. Dr Trefor Murphy of Cooper Fitch has the Q2 numbers. Taaleem’s revenue is up 19% and profits are climbing even through the turmoil. We speak to CEO Alan Williamson. And we meet the gym chain behind the world’s first muscle thobe.See omnystudio.com/listener for privacy information.