The 2026 Iran conflict, which escalated in late February with U.S.-Israeli strikes and Iranian retaliation—including the effective closure of the Strait of Hormuz and attacks on energy infrastructure—has triggered the largest supply disruption in global oil market history. Nearly 20% of the world’s oil and significant LNG volumes have been taken offline, sending Brent crude […]
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As the 2026 Iran War continues to ripple through global energy markets—particularly with disruptions tied to the Strait of Hormuz—policymakers, energy producers, and consumers are closely watching the inflationary fallout. A timely new working paper from the Federal Reserve Bank of Dallas provides a rigorous, scenario-based framework for quantifying exactly how oil price shocks from […]
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President Donald Trump’s recent comments on Fox News’ Sunday Morning Futures have sparked intense debate in energy circles. In the April 12, 2026 interview, Trump acknowledged that U.S. gasoline prices “could be the same or maybe a little bit higher” by the November midterm elections, despite earlier hopes for a quick resolution. This marks a […]
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In a sharp escalation following the collapse of direct U.S.-Iran peace negotiations in Pakistan, President Donald Trump has ordered the U.S. Navy to enforce an immediate blockade in the Strait of Hormuz. The directive specifically targets vessels that pay or attempt to pay illegal tolls to Iran’s Islamic Revolutionary Guard Corps (IRGC), which has been […]
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As of April 11, 2026, the global oil market is split into two. On one side sits the “paper” market — the futures contracts and financial instruments that most investors, analysts, and headline writers track. On the other hand is the physical, or delivery, market — the actual barrels of crude that refiners must load […]
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In a significant development for global energy security, the United States has initiated military operations to clear and secure the Strait of Hormuz, with U.S. Navy vessels now transiting the critical waterway amid ongoing tensions with Iran. This move comes as commercial shipping traffic remains a fraction of normal levels despite a fragile two-week ceasefire, […]
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Geopolitical shocks are piling up on global oil supply, and traders are bracing for another wild session when Asian markets open in the coming hours. With the Iran war now five weeks old and fresh Ukrainian drone strikes hammering Russian refining and export terminals over the past four months, the question on every energy desk […]
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In a fiery Easter Sunday Truth Social post, President Donald J. Trump escalated his ultimatum to Iran over the closed Strait of Hormuz. “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fkin’ Strait, you crazy btards, or you’ll be […]
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J.P. Morgan has issued a stark warning to energy markets: oil prices could spike to $120–$130 per barrel in the near term, with a real risk of surging above $150 per barrel if supply disruptions through the Strait of Hormuz persist into mid-May. In comments to The Times, JPMorgan’s global head of economics, Bruce Kasman, […]
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The Strait of Hormuz, one of the world’s most critical energy chokepoints, saw dramatically reduced maritime traffic in March 2026 amid ongoing regional tensions following U.S.-Israeli strikes on Iran and subsequent Iranian restrictions on shipping. According to data shared by MarineTraffic and analytics firm Kpler, a total of just 220 vessels transited the strait during […]
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