The key lesson of 2026 is that market resilience depends not just on how much oil can be produced, but on how reliably it can be transported through vulnerable global supply chains.

Commodity markets have proved remarkable resilient, but there is no financial engineering solution that can replace missing barrels of oil

The key lesson of 2026 is that market resilience depends not just on how much oil can be produced, but on how reliably it can be transported through vulnerable global supply…