Goldman Sachs: New Pipelines Could Divert 45% of Strait of Hormuz Oil by 2027 and 60% by 2028 — Iran’s Oil Leverage Nears Irrelevance

The Strait of Hormuz, the world’s most critical oil chokepoint carrying roughly 20% of global oil trade (around 20–21 million barrels per day pre-disruptions), is rapidly losing its stranglehold. According to Goldman Sachs analyst Alexandra Paulus, pipeline projects across the Gulf are on track to divert up to 45% of pre-war Persian Gulf oil exports […]

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Iran Asserts Control over Hormuz, Setting Stage for Tolls as Oil Tankers Hold Back Amid Lingering Uncertainty

Iran is tightening its grip on the Strait of Hormuz, the world’s most critical oil chokepoint, with new rules requiring ships to obtain permission and secure insurance from Tehran. This move explicitly paves the way for future tolls, even as a fragile U.S.-Iran memorandum of understanding (MOU) signed earlier this week aimed to normalize flows. […]

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Refineries Under Attack Globally

Energy News Beat Special Report – March 2026 Escalating conflicts have turned oil refineries into strategic targets worldwide. Ukrainian drone campaigns continue to hammer Russian facilities, while the 2026 Iran war (U.S.-Israeli strikes on Iran and Iranian retaliation across the Gulf) has triggered widespread damage to refineries, terminals, and related gas infrastructure in Saudi Arabia, […]

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