Last Update: 04/05/2026 at 2:50 PM EST
Hormuz Crisis Drives Energy Shock
Coverage from The New York Times, Heatmap News, and others
Articles
3
Latest Article
03/31
Active Days
367
Executive Summary
Strait of Hormuz disruptions are tightening oil and gas markets, lifting fuel prices and pushing some countries toward more coal use
- The Iran conflict is disrupting global oil and gas flows and raising energy prices
- US gasoline has crossed an average of 4 dollars a gallon
- Japan, India, the Philippines, Italy, and South Korea are signaling more coal use or delays
- Some governments are weighing subsidies for domestic oil and gas production
- Analysts say reserve releases and sanctioned flows are buffering the shock but are being exhausted
- A prolonged Hormuz closure could remove 11 to 12 million barrels per day from markets
- Researchers warn the shock could lock in fossil infrastructure and delay the energy transition
Quick Facts
- What: Iran war disruptions are tightening oil, gas, and coal markets
- Where: Global markets with major effects in Asia, Europe, and the US
- Why: Reduced Hormuz flows are cutting supply and lifting prices
- Who: Governments, energy firms, analysts, and consumers worldwide
- When: Now, with risks rising if the closure persists
Coverage Timeline: 367 Days
Featured Article
US officials and Wall Street analysts evaluate potential Strait of Hormuz closure impacts on global oil and LNG prices and wider economic risks during a likely 2020s market stress scenario.
Additional Articles
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Ani Dasgupta of the World Resources Institute said Iran-conflict energy disruptions are increasing fossil fuel use signals and could delay the global energy transition.
Prolonged Strait of Hormuz closure continues to remove 11 to 12 million barrels per day, with analysts warning that exhausted buffers could drive sharper oil price and fuel supply risks across regions.