Strait of Hormuz Archives - Page 4 of 10

IEA chief says Iran war will redraw global energy map

April 14, 2026

(Investing) – The Iran conflict will fundamentally reshape global energy trade, International Energy Agency Executive Director Fatih Birol said Tuesday, as nations reassess their energy partnerships amid heightened tensions. Speaking at Semafor World Economy, Birol said the world will not return to previous energy arrangements after the Strait of Hormuz reopens, following a US blockade of Iranian ports this week. The

Hormuz: The chokepoint the world can’t afford to leave unsecured

April 13, 2026

(By Oil & Gas 360) – The Strait of Hormuz has always mattered. What’s changed is that the world is being reminded, again, and in real time, just how much. In today’s market, it’s no longer just a strategic passage. It’s the single most important pressure point in the global energy system, and increasingly, a test of whether global energy security

Saudi oil exports to China set to halve as war upends supply and prices

April 13, 2026

(Oil Price) – Saudi Arabia is expected to ship in May halve the crude volumes to China it supplies in April as the Kingdom hiked its official selling prices while part of the supply is trapped in the Middle East due to the war. Saudi Arabia, the single biggest crude oil exporter in the world, is expected to send about

Eni CEO calls for suspending EU ban on Russian LNG by Tsvetana Parask

April 13, 2026

(Oil Price) – The European Union needs to suspend its planned ban on imports of Russian LNG, currently slated to take place on January 1, 2027, as the Middle East war has roiled energy markets, according to Claudio Descalzi, the chief executive of Italy’s oil and gas major Eni. “I think that it is necessary to suspend the ban that

NATO allies refuse to join Trump’s Strait of Hormuz blockade

April 13, 2026

(BOE Report) – The United States’ NATO allies said on Monday they would not get involved in President Donald Trump’s plan to blockade the Strait of Hormuz, further ratcheting up tensions within the increasingly fragile alliance. Trump said the U.S. military would work with other countries to block all maritime traffic in the waterway, after weekend talks failed to reach

360 Energy Pulse: What mattered this week in energy

April 10, 2026

(By Oil & Gas 360) – The ceasefire didn’t calm energy markets; it complicated them. Prices remain elevated, supply remains uncertain, and the ripple effects of recent disruptions are still moving through the system. This week made one thing clear: even when conflict pauses, its impact doesn’t. THIS WEEK’S 5 HEADLINES THAT MATTERED 1. Ceasefire fails to stabilize oil markets Oil

JP Morgan warns oil could hit $120 if Hormuz stalemate drags into July

April 10, 2026

(Oil Price) – Oil prices could spike and hit again their peak Iran-war levels at nearly $120 per barrel if a full recovery of vessel traffic through the Strait of Hormuz takes until July, according to JP Morgan. Despite the ceasefire announced earlier this week, traffic through the critical oil chokepoint remains severely restricted and under supervision and approval by Iran’s Islamic

Trump warns Iran on Hormuz tolls as energy crunch prompts Japan to release more oil

April 10, 2026

(BOE Report) – U.S. President Donald Trump warned Tehran not to charge tolls on ships crossing the Strait of Hormuz, as a mounting global energy crisis prompted Japan on Friday to announce a further emergency oil release. The Iran war has damaged Gulf energy production, stranded tanker traffic, and boosted oil prices by about 50% in the world’s worst energy

Oil set for largest weekly loss in 10 months after ceasefire

April 10, 2026

(Investing) – Oil prices were poised for their biggest weekly declines since last June but remain elevated near $100 a barrel on concerns over supplies from Saudi Arabia and limited flows through the Strait of Hormuz. Brent crude futures were down 36 cents, or 0.4%, at $95.56 a barrel by 1317 GMT. West Texas Intermediate futures rose 15 cents, or around 0.2%,

Hormuz on Edge: Ceasefire holds, but control and risk, shifts to Iran

April 9, 2026

(By Oil & Gas 360) – A fragile ceasefire is holding just enough to steady markets, but not enough to restore confidence. Diplomatic momentum is building around a broader pause in hostilities. Lebanon has pushed for a temporary ceasefire with Israel to open the door to wider negotiations, a move seen by regional players as a necessary step to prevent further

Ceasefire window opens, but energy markets stay on edge

April 8, 2026

(By Oil & Gas 360) – A fragile pause in Middle East hostilities is offering global energy markets a moment to breathe, even as underlying risks remain firmly in place. Recent diplomatic movement, reportedly supported by Washington and quietly reinforced by regional actors, has created a short window for de-escalation between Iran and its adversaries. Israel has signaled alignment with a

Shippers seek clarity on Hormuz reopening after US-Iran ceasefire deal

April 8, 2026

(Investing) – SINGAPORE/OSLO – Shippers said on Wednesday they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran issued fresh warnings about any vessels attempting to sail through the waterway. The six‑week conflict had brought traffic through the strait – a chokepoint for about 20% of global oil and liquefied natural

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