Markets

The ongoing US-Israel-Iran war has transformed the global energy market from a state of

The final week of Mar. and the beginning of Apr. 2026 saw extreme volatility in energy markets as the conflict between the US, Israel, and Iran intensified.

The energy complex is currently navigating its most significant supply-side shock since the 1970s, with

There has been a drastic contraction of global oil supplies following military escalations in the Middle East.

While domestic production reaches historic highs, geopolitical volatility in the Persian Gulf is driving crude prices above $110/B and catalyzing a shift in domestic investment strategies.

With the Strait of Hormuz largely impassable, the European Union is pivoting toward emergency measures.

Since the onset of the US-Iran conflict on Feb. 28, the Strait of Hormuz has functioned as a restricted corridor, primarily serving Iranian interests.

The near-total closure of the Strait of Hormuz following the US-Israeli war with Iran (beginning Feb. 28) has triggered an unprecedented energy crisis across Asia, which normally receives 83% of all oil and LNG shipments transiting the chokepoint.

As the Middle East conflict enters its second month, the European Union faces a critical financial and logistical hurdle: a monthly fossil fuel import bill that has ballooned by $16.24 B.

The effective closure of the Strait of Hormuz has triggered a global energy paradigm shift, characterized by stratospheric price forecasts and systemic supply risks that threaten the stability of the entire international market.