Energy 📍

🗺️ Maps 🖼️ Photos 📽️ Videos
Map: Sand Lake
SVGZ Graphic: Households without Access to Electricity

Oil Pauses, Dow Futures Rise — Live Updates

|

Stock Market Today: Oil Pauses, Dow Futures Rise — Live Updates

Oil prices resumed their climb and U.S. stock futures jumped after President Trump told aides that he's willing to end the war without fully reopening the Strait of Hormuz, the narrow waterway that handled roughly a fifth of global energy flows before the conflict.

Energy markets initially welcomed the news as a sign that the current phase of the war would wind down soon. However, the trajectory of the conflict is far from certain. Earlier, Trump issued fresh threats against Tehran's energy infrastructure if the strait didn't reopen. Overnight, a Kuwaiti oil tanker anchored off Dubai port was struck by a drone, highlighting escalating tensions in Gulf waters

The World’s Energy Safety Net Is Buckling – WSJ

|

The World’s Energy Safety Net Is Buckling – WSJ

For decades, liquefied natural gas acted as the global economy’s reliable escape valve during energy crises, keeping factories humming and homes warm.

Now, LNG has become the battlefield itself.

The war in Iran has fractured every node of the regional LNG supply chain. Iranian strikes on Qatar, one of the world’s top LNG producers, have damaged its Ras Laffan facility, knocking out some 17% of its capacity for up to five years, and delayed the country’s massive expansion plans. On Tuesday, QatarEnergy declared force ​majeure ​on some of ⁠its LNG supply ​contracts, including ‌customers ⁠in China, ​South ​Korea, Italy and Belgium.

Meanwhile, shipping through the Strait of Hormuz, which usually carries around a fifth of global LNG, is paralyzed. Buyer confidence in Gulf supply has also been undermined.

Even if the Trump administration and Iran agree to end the war soon, the consequences for the LNG market will be long-lasting—and even more profound than for oil, experts say.