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Part of: Iran Oil Shock

Strait of Hormuz closure threatens oil supply

The Iran-US conflict has severely disrupted shipping through the Strait of Hormuz, with zero tanker crossings for extended periods. Despite some recent LNG shipments, the blockade threatens a major global oil supply shock, with traders pricing in sustained crude price premiums and structural changes to shipping routes. Energy markets are pricing in months-long supply normalization.

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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.