Hormuz Reopening: Will It Halt the Surge Towards $190 Oil? The global energy market has endured unprecedented turmoil since late February 2026, when the ongoing Iran war effectively blockaded the Strait of Hormuz. Brent crude prices surged by 65% by…
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…
