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The EIA raised diesel price forecasts, citing critically low distillate inventories below 100 million barrels—a multi-decade low. Ongoing Middle East disruptions shut in 6.7 million barrels per day i…
Despite Treasury Secretary Bessent's May forecast of quick price relief, gasoline remains above $4/gallon for a record 103 days in 2026 as the Strait of Hormuz blockade persists, keeping WTI near $82…
USD faces competing forces: Iran conflict's Strait of Hormuz disruption boosts US oil exports and dollar safe-haven appeal, while soft jobs and inflation data reduce Fed rate hike expectations, creat…
Goldman Sachs warns of unprecedented triple chokepoint crisis (Hormuz, Red Sea, Black Sea) squeezing oil flows. Persian Gulf exports dropped from 80% to 40% of normal. Brent could range $70-120/barre…
Houthi blockade and Red Sea tanker strikes have pushed Brent above $100/bbl, threatening 30-35% of global oil flows and boosting demand for chokepoint-bypass pipeline infrastructure, creating PE inve…
Strait of Hormuz supply disruption hasn't caused oil price spikes to $150-200 due to strategic reserve releases, Asian demand cuts, and China's dramatic import slashing, which offset lost Middle East…
Multiple oil chokepoints (Hormuz, Bab el-Mandeb, Novorossiysk) are blocked amid Houthi attacks and Ukrainian strikes, pushing Brent above $100. Refined fuel shortages worsen, demand is falling, and W…
Middle East supply risks escalate as Strait of Hormuz closes and Red Sea tanker attacks continue. Brent hits $100/barrel. China rushes to secure Russian ESPO crude as alternative, pushing discounts d…
Gulf nations invest billions in pipelines bypassing the blocked Strait of Hormuz as Iran conflict pushes Brent near $100 and WTI to $90. Houthi attacks on Saudi tankers add Red Sea risk, while Iraq s…
China's oil import buffer nearing exhaustion as Strait of Hormuz tensions persist and global inventories crash to critical lows, threatening a sharp oil price spike in coming months.
Brent crude fell 6% as Trump signaled progress on Iran negotiations, though geopolitical risks and supply disruptions persist. Market remains skeptical despite potential deal prospects.