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How the Iran War Is Rewiring the Oil Market​

Jul 17, 2026 #Iran #Oil #Economy
The world feared the Iran war’s disruption of the Strait of Hormuz would trigger historically high oil prices. Yet the worst hasn’t happened, and the reasons for that may hint at a rewiring of global energy flows.
That unexpected resilience of markets has many explanations, but it’s forcing a bigger question: does the world simply wait for the critical waterway to normalize, or start building alternative routes, inventories and supply systems to hedge against future risks?


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Caspian Pipeline Consortium Oil Loadings Suspended After Drone Attacks On Tankers

MOSCOW, July 19 (Reuters) – Two oil tankers were attacked at the Caspian Pipeline Consortium (CPC) terminal off Russia’s Black Sea coast, CPC said on Sunday, adding that oil loadings were suspended....
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Sanctioned Heavy-Lift Ships Deliver Key Arctic LNG 2 Modules to Russia, Pointing to Construction Restart

Two sanctioned heavy-lift vessels carrying key top-side modules for Russia’s Arctic LNG 2 project have arrived at Novatek’s Belokamenka construction yard after a journey of nearly 2½ months from eastern China, offering the clearest indication yet that work on the project’s long-stalled third...
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