Gulf Conflict Rewrites Energy Outlook

Crude oil surged above $100 per barrel after a widening Middle East war damaged energy infrastructure across multiple Persian Gulf producers, triggering Strait of Hormuz shipping disruptions and refinery/LNG outages. The shock tightens physical supply, raises near-term upside risk to oil and LNG prices, and increases inflation and volatility risk for commodity, shipping, and energy-related assets.

Analysis

Crude oil surged above $100 per barrel after a widening Middle East war damaged energy infrastructure across multiple Persian Gulf producers, triggering Strait of Hormuz shipping disruptions and refinery/LNG outages. The shock tightens physical supply, raises near-term upside risk to oil and LNG prices, and increases inflation and volatility risk for commodity, shipping, and energy-related assets.