How a Houthi blockade in the Red Sea tightens Iran's grip on global energy supplies

Yemen sits on the Bab el-Mandeb strait – the southern ‌gateway to the Red Sea – and closing that would open up a new front in ...
Al-Monitor

Explainer-Why Iranian, Houthi threats to Red Sea shipping matter more for oil now

FILE PHOTO: A man rides past the rubble of buildings damaged in Israeli strikes in Beirut’s southern suburbs in Beirut, Lebanon, July 6, 2026. REUTERS/Mohamed Azakir — Mohamed Azakir July 15 (Reuters) ...
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BT explainer: Are shrinking oil inventories quietly increasing risks for global energy markets?

The global oil market appears stable — but the source of that stability has shifted. Instead of fresh supply, it is inventories that are quietly absorbing the shock. “In this war-driven oil shock, ...
International Monetary Fund

The Oil Market Absorbed the War Shock, but Buffers Are Running Low

The largest disruption to the global oil market in decades should have sent prices soaring. But after spiking at the start of the war in the Middle East, crude prices soon settled in a range of $90 to ...