US EditionHow the US-Israeli War with Iran Is Disrupting Oil and Gas
US-Israeli strikes and tensions at the Strait of Hormuz have pushed crude prices above $95 per barrel, with prices averaging over $90 since the strikes began, analysts say.
- Markets reacted today as crude rose past $95, with prices averaging above $90 since US‑Israeli strikes against Iran began, marking a rapid climb from around $60 at the start of 2026.
- The Strait of Hormuz carried about twenty million barrels per day last year and over 80% goes to Asian importers, leaving them exposed despite pipelines by Saudi Arabia and the UAE.
- Those emergency measures—release of four hundred million barrels, eased restrictions on Russian oil, and a sixty‑day Jones Act waiver—are limited in scope and feasibility.
- If the Strait of Hormuz remains closed, the effects could be substantial for global markets, and analysts warn volatility may spill into global equity markets.
- Despite electrification efforts by China and Europe, Atlantic Council GeoEconomics Center analysts, including Bart Piasecki and Josh Lipsky, frame this in broader supply‑demand terms, with this year’s global output exceeding one hundred million barrels per day.
27 Articles
27 Articles
O choque do petróleo chegou. E estamos apenas começando a senti-lo.
O fechamento do Estreito de Ormuz, por onde passam 20% do petróleo mundial, está causando um choque na economia global. Mas qual será, na verdade, a magnitude da disrupção gerada? De acordo com uma conversa com o analista de petróleo Rory Johnston, os efeitos podem ser enormes — e tardios. Embora os mercados tenham permanecido surpreendentemente otimistas, as realidades concretas da escassez tornar-se-ão inevitáveis quando os últimos navios que a
By Soph Warnes, Matt Stiles, Tal Yellin, Byron Manley, Lou Robinson, Renée Rigdon and Annette Choi, CNN. The Strait of Hormuz has remained closed since the United States and Israel began their war with Iran, sending oil prices soaring and gas prices soaring at a time when Americans were already facing affordability difficulties. Iran controls the northern part of the strait, a vital waterway for transporting crude oil from oil-rich countries lik…
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