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US Now Expects Iran War Oil Supply Disruptions To Last Through End Of 2027

US Now Expects Iran War Oil Supply Disruptions To Last Through End Of 2027 At first, the Hormuz lockdown was supposed to last a few weeks, tops. Not any more: the US now expects oil supply disruptions stemming from the US-Iran war to reach about 600,000 barrels per day through the end of next year as the conflict continues to crimp shipments via the critical Strait of Hormuz. Oil transported through the waterway averaged 4.9 million barrels per day in the second quarter of this year, according to estimates from the...
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Jun 29, 2026 / Tyler Durden
US Boosts Venezuela Earthquake Aid To $300 Million As 50,000 Remain Missing
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Jun 14, 2026 / Tyler Durden
Swiss Voters Reject Proposal To Cap Population At 10 Million
Apr 24, 2026 / Tyler Durden
U.S. Wheat Futs Hit Two-Year High As Wall Street Sounds Alarm Over Drought Shock
U.S. Wheat Futs Hit Two-Year High As Wall Street Sounds Alarm Over Drought Shock Hard red winter wheat climbed to a two-year high by the end of the week, as our coverage of the drought shock now hitting America's Breadbasket raises serious alarm bells on commodity desks. The concern is not just reduced crop yields and quality. It is colliding with fertilizer shortages and elevated diesel prices, creating a broader inflationary transmission channel that could work its way through the food supply and translate into higher supermarket prices down the road. Hard...
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