Governments and energy companies move quickly to shield global oil supplies

Governments and energy companies move quickly to shield global oil supplies

Governments and energy producers are racing to protect global oil flows as risks rise around the Strait of Hormuz.

Iran war oil prices: Brent Crude rises as Strait of Hormuz supply threatens global markets

Iran war oil prices: Brent Crude rises as Strait of Hormuz supply threatens global markets

Oil prices surged after U.S. and Israeli strikes on Iran raised fears of Strait of Hormuz disruption, a chokepoint that carries about 20% of global crude supply.

Russia’s Crude Oil Exports Stay High — But Flows Shift Sharply Toward Asia

Russia’s Crude Oil Exports Stay High — But Flows Shift Sharply Toward Asia

Despite sanctions, Russia’s crude oil exports remain steady. Trade flows have pivoted from Europe to Asia, with China and India now the top buyers. India’s growing imports—and its refusal to join Western sanctions—have triggered steep new U.S. tariffs.