Jun 10 - Jun 28across 3 weeksImpact
Hormuz Crisis Keeps Energy Flows Unstable
The confrontation first threatened tanker traffic and squeezed Iranian export channels, then repeated reopening efforts pushed oil markets toward surplus while Hormuz remained unreliable. Qatar worked to restore LNG flows after a Ras Laffan blast, but crude and gas recovery both remained exposed to renewed disruption and routing uncertainty.