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Tag: Strait of Hormuz blockade

Oil supply fell by 10 million barrels per day in March: IEA raises alarm over largest energy shock in history

Global oil supply saw an unprecedented collapse in March, setting off a chain reaction across energy markets as the US-Israel and Iran war choked...

Why oil prices aren’t what you think – and what it means for global supply

Oil prices have dominated headlines and policy discussions since the start of the US-Israel war on Iran. In the six weeks since the United...

US Navy Blockade of Strait of Hormuz Begins Today: Trump Responds to Failed Iran Talks

The United States has launched a naval blockade targeting ships entering or leaving Iranian ports in the Strait of Hormuz, effective today, April 13,...

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