Keywords: Supply disruption
Iranian drones struck the Mina al-Ahmadi oil refinery in Kuwait on Friday morning, igniting fires across multiple operational units in the latest attack on Gulf energy infrastructure since the U.S.-Israeli air campaign against Iran began in late February. Kuwait Petroleum Corporation told the official......
The United Kingdom is bracing for its most immediate supply pressure as Europe's aviation fuel reserves hold for now but risk running critically low by May if the Strait of Hormuz remains effectively closed, cutting off roughly 40% of the region's jet fuel imports. The last known kerosene cargo......
The war involving Iran has disrupted global energy markets, cutting about 8 million barrels of crude oil per day and a fifth of global liquefied natural gas supply. Far from the Strait of Hormuz, African energy producers are emerging as long-term beneficiaries of the shock. Major producers including......
Asian countries are confronting a worsening energy crisis as two simultaneous disruptions have removed roughly 30% of global liquefied natural gas supply from the market, according to the Australian Financial Review. The crisis began on March 2, when Iranian drone strikes hit the industrial cities of......
Iran has likely collected hundreds of millions of dollars in additional oil revenue since the U.S.-Israeli military campaign began on February 28, exploiting its unique position as the only major Persian Gulf producer still able to ship crude through the Strait of Hormuz. The windfall represents a central......
Jet fuel prices have surged sharply in recent weeks, sending shockwaves through the global aviation industry as supply disruptions linked to the Iran conflict drive costs to levels not seen in decades. Data from the International Air Transport Association shows the global average price of jet fuel reached......
The closure of the Strait of Hormuz has escalated into one of the most severe energy crises in decades, cutting off around 20 percent of global oil supply and sending shockwaves through food and industrial supply chains. As the conflict between the United States and Iran enters its fourth week, the scale......
Morgan Stanley has upgraded its ratings on major US liquefied natural gas exporters Cheniere Energy and Venture Global, reversing bearish positions taken weeks earlier as global supply expectations shift בעקבות disruptions in Qatar. Analyst Devin McDermott raised Cheniere to overweight from equal......
Goldman Sachs has sharply increased its oil price outlook for 2026, citing what it describes as the largest supply shock in history driven by the near-total disruption of flows through the Strait of Hormuz. The bank now expects Brent crude to average $85 per barrel this year, up from a previous forecast......
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