# COMMODITY TRACKER: 4 charts to watch this week

> Houthi attacks in the Red Sea continued, with a Greek dry bulk carrier sinking on July 7 and another vessel attacked the next day. Daily Bab al-Mandab transits fell to 24 by late June versus a normal level above 70. Most operators have rerouted around Africa, and US tariff announcements remain under watch.

- Date: 2025-07-08 · published 2025-07-08T12:00:00.000Z
- Category: geopolitics · region Red Sea · magnitude medium
- Page: https://feedsoft.ai/events/16934-commodity-tracker-4-charts-to-watch-this-week
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Diversions and high insurance raise freight and bunker costs, supporting higher delivered prices for grain and oilseed cargoes moving through the Red Sea corridor.

## Read by commodity

- BRENT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2019-06-21 | [Oil rises, bringing rally to more than 9% this week](https://feedsoft.ai/events/12315-oil-rises-bringing-rally-to-more-than-9-this-week.md) | +2.7% | -5.6% |
| BRENT | 2020-02-07 | [The Commodities Feed: More OPEC+ cuts coming \| snaps \| ING THINK](https://feedsoft.ai/events/54748-the-commodities-feed-more-opec-cuts-coming-snaps-ing-think.md) | +2.3% | -8.0% |
| BRENT | 2026-04-01 | [Oil soars then retreats, gold drops as Iran war jolts global commodity markets](https://feedsoft.ai/events/6640-oil-soars-then-retreats-gold-drops-as-iran-war-jolts-global-commodity-markets.md) | -12.2% | -1.1% |
| BRENT | 2019-09-16 | [Truckers: Fill up your tank ASAP. Diesel could surge $.60 per gallon this week - FreightWaves](https://feedsoft.ai/events/5988-truckers-fill-up-your-tank-asap-diesel-could-surge-60-per-gallon-this-week.md) | +6.6% | -0.3% |
| BRENT | 2019-04-07 | [World Commodities - Pakistan & Gulf Economist Weekly Magazine](https://feedsoft.ai/events/11378-world-commodities-pakistan-and-gulf-economist-weekly-magazine.md) | +2.0% | +2.1% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/blog/shipping/070825-commodity-tracker-4-charts-to-watch-this-week

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.