US-Iran Tensions Threaten 2027 Oil Surplus, Strait of Hormuz Flows Impacted
Escalating US-Iran hostilities could derail the IEA's 2027 oil surplus forecast, impacting global crude and LNG flows through the critical Strait of Hormuz
Market-moving news and intelligence across global energy markets.
Escalating US-Iran hostilities could derail the IEA's 2027 oil surplus forecast, impacting global crude and LNG flows through the critical Strait of Hormuz
Saudi Aramco's unprecedented $11/barrel price cut for August-loading crude to Asia signals intense competition and aims to revive Chinese demand amid a pos
Global LNG trade reached a record in 2025, but the International Gas Union warns that Middle East conflict and higher prices could lead to a 2026 contracti
Saudi Arabia has enacted its largest crude price cut for Asian buyers in over two decades, signaling intense competition as Gulf supplies rebound and Hormu
India's Ministry of Petroleum and Natural Gas has revoked emergency gas supply restrictions as LNG shipments through the Strait of Hormuz normalize.
TotalEnergies is offering millions of barrels of Iraqi crude for prompt delivery to Asia, adding to an already saturated market as Strait of Hormuz flows n
Asia's LNG imports declined by nearly 4% in H1 2026 as Hormuz disruptions and high prices force buyers to seek alternatives, despite strong long-term deman
Shell's 2026 LNG Outlook projects a 65% global demand rise by 2050, primarily driven by Asia, warning of a significant supply gap and price volatility post
Asian spot prices for LNG outpaced European benchmarks in June, redirecting over half of U.S. LNG exports eastward and reshaping global gas trade flows.
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