Disruption to exports through the waterway has sparked fears of a global economic crisis

ADNOC said the UAE's new crude pipeline bypassing the Strait of Hormuz is about 50% complete, and that global oil flows may take months to recover to 80% of pre-conflict levels…

Hormuz-bypass crude pipeline halfway complete and set for 2027, as Iran’s blockade disrupts shipping; Al Jaber warns oil flows may take at least four months after ceasefire to…

DUBAI: The UAE’s new crude pipeline bypassing the Strait of Hormuz is about 50 percent complete, the head of ADNOC said on Wednesday, adding that global oil flows may take at…

Full oil flows through the Strait of Hormuz will not return before the first or second quarter of 2027, even if the Middle East conflict ended now, the

Disruption to exports through the waterway has sparked fears of a global economic crisis

ADNOC CEO Sultan Al Jaber warned Gulf oil export disruptions could persist until at least mid-2027, challenging market assumptions of a quick normalization in Hormuz.

Acccording to the analysis by Rapidan Energy Group, if the Strait reopens in July, an average oil demand reduction of 2.6 million barrels a day and the spot-market price for…

The closure of the Strait of Hormuz since March 4, 2026, has disrupted global oil flows, with IEA chief Fatih Birol warning of worsening market conditions.

IEA warns Hormuz Strait crisis could push global oil markets into a ‘red zone’, draining emergency reserves and driving up fuel prices worldwide.