Markets

The ongoing conflict at the Strait of Hormuz has severed the primary artery for Persian Gulf crude, creating a stark divergence in the global energy market.

The final week of Apr. 2026 marked a structural fracture in the global energy landscape.

The global oil market is entering the first week of May 2026 under extreme duress as the blockade of the Strait of Hormuz continues to choke physical supply.

The United Arab Emirates (UAE) officially withdrew from OPEC and the broader OPEC+ alliance effective May 01, ending a 59-year membership that began in 1967.

The US energy sector is navigating a complex period of global supply disruptions caused by the war with Iran.

While geopolitical risks have pushed crude prices to significant highs, major US shale operators are maintaining a

On Apr. 30, 2026, President Donald Trump signed a critical executive order granting a cross-border permit for a $2B pipeline project designed to transport heavy Canadian crude from the US-Canada border to Guernsey, Wyoming.

Following the removal of the previous administration in Jan. 2026, Venezuela’s interim government under Acting President Delcy Rodriguez has enacted a reformed hydrocarbon law.

The 2026 Iran War and Strait of Hormuz paralysis have triggered record supply disruptions and $120/b prices, forcing European energy giants to

As the 2026 Iran War and the eight-week blockade of the Strait of Hormuz paralyze traditional energy corridors, the geopolitical map of energy procurement has been redrawn.