Strait Of Hormuz

Energy, Oil & Gas Finance & Capital Market

Strait of Hormuz disruption costs 'could top $150bn already'

Tue, 09 Jun 2026

The disruption to shipping through Strait of Hormuz is not just energy shock, but a whole economy story; and while direct damage to energy infrastructure exceeds $60 billion, lost revenue and trade loss will be above $150 billion, Crescent Petroleum CEO has said.

Energy, Oil & Gas

OPEC chief says global oil demand will remain robust this year

Fri, 05 Jun 2026

Despite ongoing disruption to oil flows through the Strait of Hormuz and continued uncertainty surrounding the conflict involving Iran, OPEC has maintained its forecast for global oil demand growth, citing no evidence of a slowdown in consumption.

Energy, Oil & Gas

Iraq moves to export oil via Syria as Gulf routes disrupted

Sun, 21 Jun 2026

Iraq is preparing to expand crude oil and naphtha exports through Syrian ports as it moves to diversify trade routes after the Iran war disrupted its main Gulf shipping channels and effectively closed the Strait of Hormuz.

Energy, Oil & Gas

Iraq aims to restore oil output above 3 million bpd

Sun, 21 Jun 2026

Iraq expects to return oil production from its southern fields to levels ​exceeding three million barrels per day within one to two ‌months, Iraq's state news agency reported.

Energy, Oil & Gas

'When Strait of Hormuz is strangled, the world's poorest cannot breathe'

Tue, 02 Jun 2026

Nearly one billion people living in the world's most vulnerable economies could face higher living costs, inflation and slower growth as disruptions in the Strait of Hormuz drive up global oil prices, the United Nations Conference on Trade and Development (UNCTAD) has warned.

Industry, Logistics & Shipping

US lifts blockade, ships start transiting Strait of Hormuz

Fri, 19 Jun 2026

The United States has lifted its naval blockade of Iran and commercial shipping has begun cautiously returning to the Strait of Hormuz after Washington and Tehran signed an interim agreement aimed at ending months of conflict in the Gulf.

Analysis, Interviews, Opinions Industry, Logistics & Shipping

Strait of Hormuz: Full shipping recovery at least three months away

Fri, 19 Jun 2026

The US-Iran deal should allow a return of container shipping to the Strait of Hormuz, but the scale of disruption caused by the blockade puts a recovery of ocean supply chain networks at mid-September 2026, in a best-case scenario, says Xeneta, an ocean and air freight intelligence platform.

Energy, Oil & Gas

Strait of Hormuz tensions expose Southeast Asia’s energy risks: IEA

Thu, 18 Jun 2026

An International Energy Agency (IEA) report warns that disruptions to Strait of Hormuz energy shipments have exposed Southeast Asia’s dependence on imported fuels, highlighting the need for stronger energy security, diversification and efficiency measures as regional energy demand continues to rise.

Miscellaneous

US-Iran MoU: 14 points that will end the conflict

Thu, 18 Jun 2026

The 14-point memorandum of understanding (MoU) signed by the United States and Iran aims to reopen the Strait of Hormuz while offering Tehran a pathway to significant economic relief. However, it defers many of the most contentious issues that fuelled the recent conflict to subsequent negotiations.

Miscellaneous

US, Iran sign framework deal; plan for $300bn fund for Iran reconstruction

Tue, 16 Jun 2026

The United States and Iran have signed a preliminary agreement aimed at ending months of conflict and paving the way for the reopening of the Strait of Hormuz, sanctions relief for Tehran and a new round of negotiations on Iran's nuclear programme.