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With forecasts spanning $55 to $120 per barrel, even the world's top oil analysts admit the market is unreadable.
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Five compounding forces — from refinery outages to the Iran blockade — are pushing prices toward record territory.
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Military confrontation in Yemen and the UAE's OPEC exit mark the end of a half-century partnership
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Structural damage to oil infrastructure means years of recovery and a floor under prices, regardless of diplomatic outcomes.
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With 1.6 million barrels per day of spare capacity set free, the cartel's grip on supply is fundamentally weakened.
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The surprise departure removes 3.5 million barrels per day from the cartel's quota framework, effective May 1.
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Iran's selective transit regime has functionally shut the world's most critical energy chokepoint
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The Strait of Hormuz disruption threatens global supply chains, fertilizer markets, and food security.
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One-fifth of the world's seaborne oil passes through waters now requiring six months to clear
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Coordinated naval and financial operations target Iran's shadow fleet in an escalating maritime campaign.
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From pump prices to demand destruction, the Iran conflict is reshaping energy costs for consumers worldwide.
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Spot crude premia surge past $140 as maritime blockade strands cargoes in the Persian Gulf.
