Strait of Hormuz | Egypt Oil & Gas

US–Iran Ceasefire Collapse Could Keep Brent Around $100 through 2026

The collapse of the U.S.-Iran ceasefire could keep Brent crude near $100 per barrel through 2026, according to updated forecasts from Rapidan Energy Group, a Washington-based energy and geopolitical consultancy.

Saudi May Crude Exports Hit Record Low Amid Gulf Tensions

Saudi Arabia’s crude oil exports fell to a record low of 3.434 million barrels per day (mmbbl/d) in May despite a rebound in production, as regional conflict disrupted Gulf shipments and higher domestic crude use ...

IEA warns Mideast Conflict Puts Oil, Gas Routes at Risk

The International Energy Agency (IEA) is warning that escalating Middle East tensions are increasing uncertainty in global oil and gas markets. Hostilities threaten the Strait of Hormuz and regional energy infrast ...

Middle East Gulf Crude, Condensate Exports Surge

Middle East Gulf crude and condensate exports climbed to their highest level since February during the first half of July as a temporary easing of US-Iran tensions boosted shipments. However, renewed fighting and ...

IEA Urges Restoration of Strait of Hormuz Oil Flows to Safeguard Energy Security

The IEA warned that prolonged disruptions to oil flows through the Strait of Hormuz could threaten global energy security, despite emergency oil stock releases and increased US production helping to ease market pr ...

Madbouly Reviews Measures to Secure Petroleum Stockpiles

Prime Minister Mostafa Madbouly met with Karim Badawi, Minister of Petroleum and Mineral Resources; Ahmed Kouchouk, Minister of Finance (MoF); Hassan Abdalla, Governor of the Central Bank of Egypt (CBE); and Tarek ...

IGU Webinar: Hormuz Crisis Cuts Gulf LNG Exports by 35 bcm

TThe liquefied natural gas (LNG) loadings from Qatar and the United Arab Emirates (UAE) dropped by 35 billion cubic meters (bcm) since the eruption of the Middle East conflict in March 2026 compared with the same ...

QatarEnergy Cuts LNG Deliveries to Bangladesh

QatarEnergy has cut its scheduled LNG deliveries to Bangladesh by half this year due to ongoing disruptions to shipments through the Strait of Hormuz, prompting Bangladesh to seek alternative supply sources while ...

Gulf Oil Exports in June Led by Record UAE Shipments

Gulf oil exports rose by over 3 million barrels per day (bpd) from May to over 10 million bpd in June, shipping data show. The UAE led, exporting 3.7-3.8 million bpd in June, more than 1 million bpd higher than Ma ...

UNCTAD Warns of Lasting Impact from Hormuz Shipping Crisis

The reopening of the Strait of Hormuz has eased immediate concerns over global energy supplies, but the economic fallout from more than three months of shipping disruptions is likely to persist across vulnerable e ...

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