Global Energy Markets Face Pressure from Middle East and Eastern Europe Conflicts

Renewed hostilities between the US and Iran, shipping risks in the Strait of Hormuz, and Ukrainian strikes on Russian refineries are tightening global oil and gas supplies.

5 Sept, 11:54 — 5 Sept, 11:54

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bloombergHigh4h ago

Energy Markets Strained by Iran, Ukraine Wars

Renewed US-Iran fighting and uncertainty over shipping through the Strait of Hormuz are adding pressure to global energy markets, while the threat of mines continues to deter some traffic. Ukraine’s attacks on Russian refineries are compounding tight diesel supplies, creating what Bloomberg News Oil Products Reporter Will Kubzansky describes as a distillates crisis heading into peak demand season. Also joining Bloomberg This Weekend to discuss the situation is Bloomberg News Middle East Corre...

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Global Energy Markets Face Pressure from Middle East and Eastern Europe Conflicts

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Energy Markets Strained by Iran, Ukraine Wars

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