Middle East Conflict Deepens, 2026 Global Refining Market Faces Major Disruption The International Energy Agency (IEA) characterizes the current Middle East conflict as the “largest supply disruption in the history of the global oil market.” Global oil demand is already…
Hormuz Reopening: Will It Halt the Surge Towards $190 Oil? Since the effective blockade of the Strait of Hormuz in late February 2026, the global energy market has been in turmoil. Brent crude skyrocketed 65% by the end of March,…
Global Energy Markets Face Unprecedented Crisis International oil prices are hitting multi-year highs, clearly signaling that global energy markets confront unprecedented challenges. Brent crude prices surged past $100 a barrel as of May 3, even spiking to $126 a barrel…
Global Financial Markets Brace for Energy Shock and Recession The global energy market confronts an unprecedented supply shock. A recent International Energy Agency (IEA) report confirms the largest energy supply disruption in history, with nearly 20 million barrels of oil…
