In a significant development for global energy markets, Iran announced today that the Strait of Hormuz is now “completely open” to commercial shipping for the remainder of the fragile ceasefire period tied to the Lebanon truce. The announcement, made by Iranian Foreign Minister Abbas Araghchi, comes amid ongoing U.S. naval restrictions on vessels calling at […]
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The global energy markets are in flux as of mid-April 2026, shaped by severe disruptions from the ongoing Middle East conflict (centered on Iran and the Strait of Hormuz). This has curtailed roughly 7–10 mb/d of crude, NGLs, and refined product exports in March–April, triggering sharp price spikes and inventory draws. Brent crude averaged $103/bbl […]
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By RFE/RL staff – Apr 15, 2026, 1:00 PM CDT Cargo shipments through Iran are delayed for weeks, forcing costly overland rerouting and supply chain disruptions Shipping costs and energy prices are surging, putting pressure on households and government budgets across the region Landlocked Central Asian economies face rising inflation and slower growth due to their heavy […]
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ENB Pub Note: This article was originally run on the California Globe, and we recommend following their productions. Californians consumed 484 million barrels of oil in 2025, with in-state production only providing 111 million barrels By Edward Ring, April 15, 2026 4:00 pm With war in the Middle East disrupting shipments of crude oil, we have another […]
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ENB Pub Note: This article was first published on America Outloud, and both Ronald Stein and Professor Mische have been on the Energy News Beat Podcast. We are recording Professor Mische’s podcast shortly. With no crude oil pipelines over the Sierra Mountains, California is an energy island separated from the crude oil supply and the […]
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ENB Pub Note: This article first appeared on the California Globe, written by Michael Mische, Professor, and Stu Turley and David Blackmon are interviewing him and Mike Ariza on the Energy News Beat and Energy Impact joint podcast today. An imminent collapse in gasoline imports and a significant decline in California refinery output create a […]
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In just six weeks, the global energy paradigm has flipped. What a decade of climate summits, net-zero pledges, and green industrial policy could not achieve, Iran’s effective closure of the Strait of Hormuz—and the raw reality of AI’s insatiable power hunger—has done in a flash. Energy security is no longer a side note; it is […]
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President Donald Trump’s naval blockade of the Strait of Hormuz is reshaping global oil flows in America’s favor. By choking off roughly 2 million barrels per day of Iranian crude—much of it headed to China—the U.S. is opening the door for American producers to capture massive new market share. U.S. crude exports are on track […]
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The 2026 Iran conflict, which escalated in late February with U.S.-Israeli strikes and Iranian retaliation—including the effective closure of the Strait of Hormuz and attacks on energy infrastructure—has triggered the largest supply disruption in global oil market history. Nearly 20% of the world’s oil and significant LNG volumes have been taken offline, sending Brent crude […]
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The Strait of Hormuz—the narrow 21-nautical-mile chokepoint between Iran and Oman that carries roughly one-fifth of the world’s oil and a quarter of global LNG—remains the epicenter of one of the most significant energy disruptions in modern history. As of today, the strait is not fully closed to all traffic, but commercial shipping has ground […]
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