The persistent de facto closure of the Strait of Hormuz by Iran and the US has stranded 14MM to 15MM b/d of Middle Eastern crude production, forcing a massive rearrangement of global energy flows.
May 30, 2026
The geopolitical squeeze on Eastern European refiners has escalated into a highly volatile operational challenge, forcing rapid slate adjustments and complex compliance maneuvering.
May 30, 2026
The ongoing seaborne supply constraints out of the Middle East have blocked approximately one-fifth of global crude trade, sending regional energy prices soaring and depleting international stockpiles.
May 29, 2026