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Middle East Conflict

Middle East Conflict

BloombergMedia_THIL6YKK3NYL00_02-07-2026_05-00-05_639185472000000000.jpg — Oil Extends Drop as More Barrels Flow Through Strait of Hormuz

Oil fell for a third day as flows through the Strait of Hormuz climbed and there were signs of progress in indirect talks between the US and Iran.

BloombergMedia_THFNFBKIUPTJ00_01-07-2026_05-00-06_639184608000000000.jpg — Oil Steadies as Peace Talks Continue, Hormuz Traffic Recovers

Oil steadied after the biggest quarterly drop since the pandemic, as traders monitored peace talks between the US and Iran and the return of shipping through the Strait of Hormuz.

BloombergMedia_TH0AFOT96OTA00_22-06-2026_04-54-49_639176832000000000.jpg — Qatar Brings Empty LNG Ships Through Hormuz as Exports Rise

Qatar is rushing to bring home more empty liquefied natural gas tankers as the nation prepares to restart shipments accounting for about a fifth of global supply.

More on Middle East Conflict

Oil Suffers Worst Run This Year as Hormuz Deal Reshapes Outlook

Oil headed for its longest losing streak this year as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts.

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LNG Tanker Heads Toward Hormuz as Deal Lifts Reopening Hopes

A liquefied natural gas tanker that has been trapped in the Persian Gulf for over three months appears to be heading toward the Strait of Hormuz, just as the US and Iran say they have reached a deal to reopen the waterway.

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Shipowners Seek Clarity on Hormuz Deal as 600 Vessels Eye Exit

A deal that could reopen the Strait of Hormuz within days has been met with caution among shipowners and traders, with many saying they would wait for more details in order to assess whether safe transits are possible after months of false starts.

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Explained: what next for energy markets after US and Iran agree to halt war and reopen Hormuz?

The US and Iran announced late on Sunday they had reached an initial agreement to the halt the Middle East conflict and reopen the Strait of Hormuz, bringing respite in sight to a global energy crisis sparked by the more than 100-day war.

Oil Falls as Israel and Iran Halt Hostilities That Risked Talks

Oil declined after Israel and Iran agreed to end attacks against each other following an escalation of violence that threatened to derail efforts to end the war in the Middle East.

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The Ras Laffan reckoning: the reshuffling of the global LNG map

In his latest column, Robin Mills examines the impact of recent attacks on Qatar’s LNG infrastructure and the temporary closure of the Strait of Hormuz on global gas markets. The developments come at a critical moment for LNG supply growth, with implications for prices, project timelines, and longer-term market dynamics.

The market outlook for gas and LNG in Asia

Natural gas and LNG play a pivotal role in the global energy mix, making them crucial tools in addressing supply-demand imbalances. Recent disruptions in the Middle East, including bottlenecks in the Strait of Hormuz, have underscored their critical importance to energy security and economic stability, particularly for Asia’s high-growth economies.