August 2026
4artifacts
⚡ Energy Industry Briefing
Six months after the Iran war, Qatar's LNG exports remain down as much as 96%, costing the world's No. 2 exporter $24 billion, while Iran and Oman weigh a temporary Strait of Hormuz shipping corridor.
⚡ Energy Industry Briefing
Crude oil prices rose for a fourth straight day — Brent at $91.53/bbl, WTI at $85.47 — as Strait of Hormuz commodity-vessel traffic slowed to six transits on Tuesday, below the 10-day average of 11.
⚡ Energy Industry Briefing
The IEA slashed its 2026 supply forecast to a 4.3-million-bpd decline and sees a 1.8-million-bpd global deficit this quarter as the Strait of Hormuz standoff persists; Brent topped $89.
⚡ Energy Industry Briefing
Houthis claimed a ballistic-missile strike on Saudi-flagged tanker NCC WAFA off Yanbu, and an India-flagged vessel carrying Saudi crude sank off Yemen — Red Sea risk escalating again.