energy markets

UAE exits OPEC, plans 5 million barrels daily by 2027. Russia warns of oil glut if supply increases uncoordinated, though Strait of Hormuz tensions currently support prices.

Trump escalates Iran pressure as nuclear talks stall; energy sector leaders convene amid supply disruption concerns.

Dow futures fall on Trump's Iran talks cancellation while S&P 500 gains. Organon surges 15% on $11.75B acquisition; Fed meets Wednesday with rates unchanged expected.

Baker Hughes warns Strait of Hormuz may stay closed until late 2026, disrupting 10% of oil supply and 20% of LNG. Q1 revenue hit $6.6B, orders surged 26%, but free cash flow fell 54%.

Kinder Morgan posts strong Q1 with improved cash flows, reduced debt, and expected larger dividend increases amid growing natural gas demand and 2-to-1 institutional buying advantage.

Strait of Hormuz reopens following Israel-Lebanon ceasefire, sparking 10%+ oil price drop. U.S. Navy blockade on Iran persists; ceasefire expires within one week, creating renewed uncertainty.

IMF chief says U.S.-Iran conflict impact is reflected in forecasts as crude oil surges above $104 amid Strait of Hormuz disruptions.

S&P 500 futures rally 2.50% after Trump announces two-week Iran ceasefire. Oil prices collapse on reduced geopolitical tensions.

Trump threatens military action over Iran's Strait of Hormuz control; Iran signals permanent leverage position. The critical waterway handles 20% of global crude and LNG, supporting elevated oil prices and benefiting energy producers while pressuring energy-intensive sectors.

US intelligence warns Iran unlikely to relinquish control of Strait of Hormuz, threatening one-fifth of global oil trade and raising inflation concerns worldwide.

Trump extends Iran strikes two-three weeks; WTI crude surges 5.06% to $105.19, Brent 5.98% to $107.24. Oil up 72% in 50 days while S&P 500 down 4%, marking worst 20-year correlation.

Economist Nouriel Roubini warns Trump administration may escalate Iran military operations rather than pursue ceasefire, risking oil disruptions and 1970s-style stagflation.

U.S. Secretary of State Marco Rubio forecasts Iran military operations concluding within weeks without ground troops, as energy disruptions threaten global recession.

US-Israel forces strike Iran's Natanz nuclear facility as military campaign enters fourth week. Oil prices surge amid shipping corridor concerns; military costs exceed $11.3 billion.

Stock futures decline ahead of triple witching expiration. FedEx soars 10.43% on earnings beat; Super Micro plunges 23.61% after co-founder export charges. Iran tensions add volatility.

Cheniere Energy stock climbs as missile strikes on Qatar's LNG facilities boost natural gas prices and demand for U.S. LNG exports.

Oil prices decline on Trump's report that Iran seeks deal to end U.S.-Israel conflict; Iraq restarts pipeline exports, bypassing Strait of Hormuz amid heightened tensions.

Trump announces U.S. strike on Iran's Kharg Island, sparing oil infrastructure while threatening escalation over Hormuz shipping. Energy stocks surge.

Private credit faces convergence of redemption pressures and Middle East geopolitical tensions in 2026, threatening to compound borrower stress through higher energy costs and tightened credit conditions.

Trump administration explores Jones Act waiver to address Iran-related fuel supply concerns as WTI crude trades at $96.66/barrel and gasoline averages $3.63/gallon.