With the Mideast conflict again turning kinetic, markets will have to manage without the inventory cushion that helped weather the initial supply squeeze.

Iran and the U.S. have announced rival blockades of the Strait of Hormuz. This action cripples an already fragile ceasefire deal between the two nations. Global oil reserves have…

While inventories are not at critical levels, another prolonged disruption of supply through the Strait of Hormuz could change that within months.

Oil prices have risen in response to the crisis as the vital shipping route becomes a battleground once again

United States forces struck an oil tanker near Iran's Kharg Island terminal. Iran responded by launching missiles at United States military bases in Kuwait and Jordan. This…

With the Mideast conflict again turning kinetic, markets will have to manage without the inventory cushion that helped weather the initial supply squeeze.

Amid uncertainty around the Strait of Hormuz, for months Gulf countries and oil companies have been finding ways to bypass the choke point.

Dark transits, shuttle tankers and selective risk-taking suggest Mideast Gulf crude is still moving despite recent crossfire — but by a very different rulebook.

The Strait of Hormuz is closed again, tankers are being attacked, the Gulf's oil and gas exports are threatened, and chaos remains the new norm.

Goldman Sachs estimated that enough Mideast pipeline capacity could be added to insulate 75% of the pre-war Gulf exports by the end of 2028.