Energy news

Energy commodities are essential fuels that power modern society. Explore key energy sources like crude oil, natural gas, coal, and emerging renewable energies. Learn about their global impact on the economy and environment.

Can Iran fully block the Strait of Hormuz?

Tensions in the Strait of Hormuz have pushed energy prices higher, but markets remain relatively calm as a full blockade by Iran is seen as unlikely. Asian economies would be most exposed to disruptions in oil flows. While global oil supply buffers could temporarily stabilize the market, prolonged conflict could significantly increase energy prices and shipping costs.

04-03-2026 08:51 GMT by Łukasz Zembik

Trump guarantees maritime security in the Strait of Hormuz: Markets U-turn on Navy escort pledge

Market Reactions: Markets took a massive U-turn following a White House address from President Trump regarding ongoing operations in Iran. To shed morning anxiety, the President announced a security framework to protect commercial shipping routes and the Strait of Hormuz, causing Oil prices to retreat by 7 percent and Stock Markets to rebound sharply.

03-03-2026 21:06 GMT by Elior Manier