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Global Oil Supply

Hormuz Crisis: Most Affected Shipping Countries

The closure of the Strait of Hormuz following the outbreak of the Iran war on February 28, 2026, has triggered a massive global shipping…

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Why Iran’s Kharg Island is drawing US attention

Kharg Island, Iran’s primary oil export terminal, is at the center of rising tensions between the United States and Iran, as Washington considers options…

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IEA Releases 400M Barrels as Hormuz Crisis Disrupts Supply

The International Energy Agency announced it will release about 400 million barrels of oil from global emergency stockpiles as the conflict involving Iran disrupts…

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The Strait of Hormuz: Key to Middle East and Global Trade

President Donald Trump’s decision to bomb three Iranian nuclear sites marks the largest US military action against Iran since 1979, triggering fears of a…

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Iran Talks in Doubt as Ceasefire Nears End

As the current ceasefire approaches its expiration, uncertainty is growing over whether diplomatic talks between the United States and Iran will resume. A U.S.…

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Who Spends the Most on War?

Global defense spending hit record highs in 2025, with the top 15 countries surpassing $2 trillion led overwhelmingly by the United States.

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Trump Claims Iran Sending Ships Toward U.S.

President Donald Trump made a social media claim that Iran is directing hundreds of ships toward the United States, including routes toward Texas, Louisiana,…

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