Energy

Mapping the Iran war’s strikes on Gulf energy – and what comes next for oil - Al Jazeera

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DW NOTE

Al Jazeera mapping Gulf strike patterns nine months after hostilities began. Oil is down 26% from peak despite the Strait carrying 3 ships instead of 85 per day — a supply shock that should have doubled prices, not halved them. Either markets believe the Oman talks will succeed, or they've stopped believing oil scarcity matters when demand is collapsing faster than supply.

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Gulf Producers Find Workarounds As Hormuz Tensions Persist

Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

Mapping the Iran war’s strikes on Gulf energy – and what comes next for oil - Al Jazeera

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