Energy Security

Record supertanker earnings and relay shipping enable Middle East producers to maintain exports despite Iranian attacks, pushing Brent crude to $88 a barrel.

Supply cushions that absorbed a record disruption are now depleted, leaving crude markets vulnerable to fresh shocks and inflation risks for fixed-income investors.

Refiners face production targets under six-month review after Hormuz disruption exposed a structural dependence on imported LPG covering 90 percent of national supply.

German lawmakers demand answers on intelligence reports from the Sept. 2022 pipeline explosions, but the government cites national security, fueling a transparency fight.

Tehran's state media declared the Strait of Hormuz will stay under Iranian management, asserting leverage over the 21 million barrels of oil transiting daily