Strait of Hormuz closure reshapes global oil markets
The Iran war has severely disrupted oil tanker traffic through the Strait of Hormuz, with tanker crossings at near-zero levels. While some LNG shipments are resuming, Aramco warns normalization will take months. Oil prices remain elevated; Panama Canal revenues up 15%; energy markets bracing for sustained supply constraints.
R- PR Newswire FinancialMitrade Launches Trumponomics Ebook; Strait of Hormuz Crisis Stokes Europe's Energy Volatility
LIMASSOL, Cyprus, May 14, 2026 /PRNewswire/ -- CFD broker Mitrade today announced the release of its new ebook, Decoding Trumponomics: Trading Volatility in 2026, for European readers seeking to understand a year of cross-asset volatility. The launch comes as Brent crude has held above...
5h ago - MarketWatchOil price charts produced a pattern not seen in 36 years. What happened last time?
Brent crude futures charts produced a technical pattern that hasn’t been seen in 36 years, and what that could mean for oil prices.
2d ago - Yahoo FinanceTrump Calls US-Iran Strike A 'Love Tap' As Fire Exchanged Near Strait Of Hormuz; Brent Climbs Above $1022d ago
- MarketWatchA ‘race against time.’ Hormuz closure could push Brent to $150 by summer, warns Morgan Stanley.
Crude is climbing to start the week as Morgan Stanley is warning that crude prices are being held at bay from much higher losses. But that could change.
3d ago - BloombergBrent Has Found an 'Uneasy Equilibrium,' StanChart Says (Video)3d ago
Related coverage
- Iran War Drives Oil Higher, Energy Costs Spike: Turkey Hikes Inflation Target, FX Reserves DepletedEnergy··0 mentions
- Iran War Lifts Oil Prices, Squeezes Global Margins; ECB Rate Hike Debate IntensifiesEnergy··0 mentions
- Iran War Stokes Global Energy Inflation; Turkey Lifts Year-End CPI Target to 24%Energy··0 mentions
- Iran War Pushes Oil Above $75; Turkey, ECB Signal Inflation Pivot as Energy Costs SurgeEnergy··0 mentions
More about $CL
- Iran War Drives Oil Higher, Energy Costs Spike: Turkey Hikes Inflation Target, FX Reserves Depleted·Energy
- Iran War Lifts Oil Prices, Squeezes Global Margins; ECB Rate Hike Debate Intensifies·Energy
- Trump-Xi Beijing Summit: US Approves NVDA H200 Sales, Yuan Rallies·Equities US
- Iran War Stokes Global Energy Inflation; Turkey Lifts Year-End CPI Target to 24%·Energy
- Iran War Pushes Oil Above $75; Turkey, ECB Signal Inflation Pivot as Energy Costs Surge·Energy
Live coverage of the Iran conflict, Persian Gulf oil supply disruption, OPEC reaction and the cross-asset trades pricing it.