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Part of: Iran Oil Shock

Strait of Hormuz blockade reshapes global energy flows

The Iran war has severely disrupted oil transport through the Strait of Hormuz, with tanker crossings at historic lows and inventories depleting at record pace. Energy markets are repricing as Saudi Aramco benefits, alternative shipping routes gain importance (Panama Canal revenues up 15%), and global oil supply faces unprecedented constraints that could reshape energy economics long-term.

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Iran Oil Shock: Tracking the Middle East Supply Risk Trade

Live coverage of the Iran conflict, Persian Gulf oil supply disruption, OPEC reaction and the cross-asset trades pricing it.