Energy Intelligence takes stock of how the world buffeted a potential 20 million b/d loss of crude, products and other liquids — and did so with an air of relative calm.

Brent crude has crashed over 20% as Hormuz reopens. Here are 5 oil and gas stocks positioned to gain from a fragile, still-unfolding peace.

The mother of all “black swan” supply scenarios did not plunge markets into expected chaos. So how should C-suites assess strategies in a post-Hormuz world?