Strait of Hormuz: Conflict Continues, but the Global Energy Shift Is Already Under Way

Strait of Hormuz: conflict escalates and June oil exports at 16.1 mb/d

The International Energy Agency’s July 2026 Oil Market Report states that Gulf oil exports rose by 6.5 million barrels a day in June to 16.1 million barrels a day, still below the pre war average of around 24 million barrels a day, while refined product and LPG exports remained well below pre war levels. The … Read more