US-Iran flare-up reignites Hormuz shipping crisis, raises risk premium
A Qatari LNG tanker, the Al Rekayyat, and a Saudi‑flagged crude supertanker have been hit by projectiles near the Strait of Hormuz, prompting maritime authorities to raise the threat level for ships transiting the waterway to “severe”. The attacks disrupted a fragile détente between Washington and Tehran; the US revoked a licence allowing Iran to sell […]
Why oil flows may take months to normalise despite the Hormuz deal
Physical bottlenecks remain: shipping lanes must be cleared of mines and debris; tankers are in the wrong place; and production facilities need repair, so a swift rebound in oil and gas flows is unlikely. Analysts… You must be a Premium Subscriber to read this. You must be a Premium Subscriber to view this content. You […]
Peace deal reopens Strait of Hormuz, sends stock markets soaring
Oil prices plunged and stock markets rallied after the US and Iran announced a draft peace deal that includes reopening the Strait of Hormuz and lifting a naval blockade. Brent crude fell around 5%, dipping toward $80/barrel, and global equity indices hit record highs. Analysts say the price fall may be temporary; resuming traffic through the […]
Hormuz supply disruption pushes refined fuel margins above historical averages
Iran’s threats to maritime traffic in the Strait of Hormuz have sharply restricted crude flows and led refiners across Asia to curtail intake. With the Strait still largely closed, Goldman Sachs expects refined fuel margins to remain two to three times higher than the 2013‑2019 average throughout 2026, even if crude prices stay relatively contained. […]