Escalating geopolitical tensions involving Iran are placing global hydrocarbon markets under renewed strain. The Middle East supplies roughly one-quarter of the world’s crude oil, LNG, and NGLs, with much of that volume transiting the critical chokepoint of the Strait of Hormuz. Recent U.S. strikes and subsequent retaliation have heightened the risk of supply disruptions; even without a formal blockade, stricter maritime security protocols and insurance risk could slow vessel traffic and constrain near-term availability. Iran produces more than 3 million barrels per day of crude oil, exporting approximately two-thirds—largely to China—so any sustained interruption would quickly ripple through global supply-demand balances and pricing structures.

The implications extend beyond crude oil. LNG exports from Qatar have been halted, tightening global gas markets and reshuffling trade flows. The global LPG trade will be forced to rebalance, increasing the call on U.S.-sourced barrels and reshaping trade flows as market participants respond to shifting risk premiums. Lastly, the naphtha markets, especially in Asia, have become much more volatile amid crude oil shortages & reduced refinery runs. In this environment, clarity is essential. Our Energy & Feedstocks portfolio delivers integrated, cross-commodity insight across crude, LNG, NGLs, and LPG, equipping stakeholders with timely data, scenario analysis, and forward-looking market intelligence. As geopolitical developments reshape energy trade flows, our comprehensive coverage helps companies manage exposure and make informed decisions with confidence.

Learn how our Energy & Feedstocks portfolio can help you navigate volatility and stay ahead of market shifts—explore our energy coverage today.