IEA Warns of Supply Shocks and Falling Demand in 2026
The April 2026 Oil Market Report by the International Energy Agency (EIA) reports that global oil markets are facing major disruption due to geopolitical...
Iran Conflict Exposes Strains in China’s Industrial Supply Chains
China’s supply chains are under growing strain as the Iran conflict disrupts global energy, chemical, and industrial gas flows. Rising oil, gas, petrochemical, chemical,...
US Demands Free Passage in Hormuz as Talks Approach
US President Donald Trump is pressuring Iran to immediately reopen the Strait of Hormuz ahead of upcoming US-Iran peace talks, warning that continued restrictions...
US Leaning Mostly on Americas, Gulf Plays a Small Role
In 2025, the US imported 490,000 b/d of crude from Middle East Gulf countries, mainly medium-sour grades, mostly to the West and Gulf Coasts,...
Strait of Hormuz Sees Surge in Traffic, but Iran Holds the Keys
Traffic through the Strait of Hormuz has surged to its highest levels since the start of the war, with 21 ships transiting over the...
