Strait of Hormuz Disruption Fuels Energy Crisis
Extended closure of the Strait of Hormuz due to Iran-US tensions is driving oil and LNG prices higher, with tanker transits severely constrained. Market participants are pricing in sustained supply disruptions, energy inflation, and potential geopolitical escalation affecting global trade routes and commodity markets.
R- Yahoo FinanceNorthwest Natural Gas Q1 Earnings Call Highlights18h ago
- BloombergEurope’s Oil, Gas Lobbies Urge Flexibility on Storage Targets
European Union energy lobby groups called for more flexibility in reaching the bloc’s natural gas storage targets, to avoid market pressure during the summer refilling season.
1d ago - BloombergJapan’s Coal Power Generation Climbs as War Makes LNG Expensive
Japan’s coal-power generation is rising while natural gas-fired output falls, as conflict in the Middle East chokes supplies of the less-polluting fossil fuel and sends prices higher.
1d ago - BloombergIran War Will Make EU More Reliant on US Gas Than Ever: IEEFA
Europe’s reliance on natural gas from the US is expected to surge to a record this year as the country helps offset supplies lost from the Middle East, according to an energy think tank.
1d ago - BloombergUS LNG Pioneer Charif Souki Vows He Will Never Go Public Again
Natural gas entrepreneur Charif Souki’s latest venture will remain closely held after his previous two companies pursued public offerings.
1d ago - Yahoo FinanceUnited Natural Foods Stock Is Up 85%. One Investor Just Sold Out Completely1d ago
- BloombergUS to Unveil New Data Spotlighting Hormuz and Global Reserves
The US government’s energy statistics agency will start releasing new data on the world’s strategic reserves and flows of petroleum and liquefied natural gas through shipping choke points.
1d ago - BloombergVenture Global Shares Surge on LNG Deals, Project Expansions
Venture Global Inc. shares shot up on Tuesday after the liquefied natural gas exporter announced two new supply deals and detailed expansion plans for export projects in Louisiana.
1d ago
Related coverage
- Trump-Xi Beijing Summit Begins; Energy, Rare Earths, and Taiwan Shape Negotiations With Oil Prices at RiskEnergy··0 mentions
- Iran War Drives Oil Inflation Higher; Treasury Yields Hit 5% as Fed Pressure MountsEnergy··0 mentions
- US Inflation Resurges Above 5% on 30Y Yields; Fed Holds Longer as Energy Shock PersistsEnergy··0 mentions
- Iran Conflict Drains Hormuz Oil Flows 30%; Energy Surge Raises Long-Bond Yields to 5%, Resets Inflation DebateEnergy··0 mentions
More about $CL
- Trump-Xi Beijing Summit Begins; Energy, Rare Earths, and Taiwan Shape Negotiations With Oil Prices at Risk·Energy
- Bitcoin and Ethereum Decline Amid Inflation Pressure; Fed Rhetoric Shift Could Delay Rate Cuts·Crypto
- Iran War Drives Oil Inflation Higher; Treasury Yields Hit 5% as Fed Pressure Mounts·Energy
- US Inflation Resurges Above 5% on 30Y Yields; Fed Holds Longer as Energy Shock Persists·Energy
- Trump in Beijing With Tech CEOs; Jensen Huang, Elon Musk Join Summit as AI Exports Weighed·Tech & AI
Live coverage of the Iran conflict, Persian Gulf oil supply disruption, OPEC reaction and the cross-asset trades pricing it.