Core Viewpoint - The joint U.S. and Israeli attack on Iran poses a significant risk of oil supply disruption in the Middle East, which could potentially lead to a global economic recession [1] Oil Market Impact - Traders are currently underestimating the threat of Iranian retaliation to the U.S. attack, which could significantly impact oil prices [2] - Crude oil future prices are expected to rise by $5 to $7 per barrel following the attack, with Brent crude prices recently settling at $72.48 per barrel and U.S. West Texas Intermediate at $67.02 per barrel [3] Strait of Hormuz Significance - Iran's potential actions could make the Strait of Hormuz unsafe for commercial traffic, possibly driving oil prices above $100 per barrel [4] - The Strait of Hormuz is crucial, with over 14 million barrels per day flowing through it in 2025, accounting for a third of the world's total seaborne crude exports [5] Global Economic Consequences - A prolonged closure of the Strait of Hormuz could guarantee a global recession, as it is a vital route for oil and liquid natural gas exports [5][7] - Hoarding behavior is expected from major Asian oil importers if the Strait is closed, leading to intense bidding wars and further price increases [8] Alternative Supply Routes - Only a small fraction of crude passing through the Strait can be redirected, with existing pipelines in Saudi Arabia and the UAE providing limited alternatives [9] Military Actions and Insurance Implications - Iran's missile strikes on U.S. bases in the region could disrupt traffic through the Strait, affecting shipping and insurance rates for tanker travel [10][11] Strategic Reserves and Crisis Management - The U.S. could utilize its Strategic Petroleum Reserve, which currently holds about 415 million barrels, to mitigate price spikes [12] - However, the scale and duration of a full crisis in the Strait of Hormuz could exceed the offsets provided by strategic stocks [13]

President Donald Trump’s decision to strike Iran creates new risks for a significant chunk of the world’s oil supply. Most Read from Bloomberg The Islamic Republic itself pumps about 3.3 million barrels a day, or 3% of global output, making it the fourth-largest producer in OPEC. But the nation wields far greater influence over the world’s energy supplies because of its strategic location. Iran sits on one side of the Strait of Hormuz, the shipping lane for about a fifth of the world’s crude from key s ...

Group 1 - Crude oil is showing signs of weakness despite ongoing geopolitical tensions, indicating that market positioning and underlying balance are becoming more significant than news and rumors [1] - New sanctions related to Iran and disruptions in the Strait of Hormuz have added a "risk premium" to crude prices, but market reactions have been measured rather than explosive [2] - Robust Russian exports, continued Iranian flows via shadow fleets, and US production near historical highs are complicating the ability of oil prices to maintain a bullish trend [2] Group 2 - The combination of opposing forces is creating uncertainty and price compression, with upcoming nuclear talks between the US and Iran potentially influencing price movements [3] - Recent price action on the Renko chart indicates a transition from a trend regime to a range, with sellers liquidating rallies and buyers seeking better support levels [4]

Global Partners LP Q4 and FY 2025 Investor Presentation Forward - Looking Statements Certain statements and information in this presentation may constitute "forward-looking statements." The words "believe," "expect," "anticipate," "plan," "intend," "foresee," "should," "would," "could" or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, although not all forward-looking statements contain such identifying words. These forward-looking ...

Aramco has announced the commencement of production at the Jafurah unconventional gas field and the start of operations at the Tanajib Gas Plant in Saudi Arabia. The developments form part of Aramco’s plan to boost sales gas production capacity by around 80% by 2030, compared to 2021 levels. The plan targets approximately six million barrels of oil equivalent per day from total gas and associated liquids. Aramco expects these projects to generate additional operating cash flow of $12bn–15bn in 2030, dep ...

Iranian people walk through the area under a state building covered with a giant anti-U.S. billboard depicting a symbolic image of the destroyed USS Abraham Lincoln (CVN-72) aircraft carrier, in downtown Tehran, Iran, on February 26, 2026, the final day of Iran-U.S. talks that are currently held in the city of Geneva. (Photo by Morteza Nikoubazl/NurPhoto via Getty Images)NurPhoto via Getty ImagesOn paper, oil prices should be falling.The Energy Information Administration reported a 16-million-barrel build ...

GeoPark (NYSE:GPRK) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsAlejandro Demichelis - Managing Director of Equity ResearchFelipe Bayón - CEOJaime Caballero - CFOMartín Terrado - COORodrigo Dalle Fiore - Chief Exploration and Development OfficerConference Call ParticipantsOriana Covault - Equity Research AnalystStephane Foucaud - Founding Partner and AnalystOperatorGood morning, welcome to the GeoPark Limited Conference Call, following the results announcement for the fourth quar ...

today. But let's get out to Kevin Green who joins me this morning. Hi to you KG.Obviously, we are watching uh the reaction to what we got from Nvidia. I mean, a blockbuster earnings. We've seen obviously the reaction out in Asia overnight with the Nvidia effect, particularly in some of those memory companies, but just talk us through the volatility you're seeing post Nvidia earnings.>> Yeah, we are seeing the shares kind of pull back here down about three and a half%. This is exactly what we've seen over th ...

GeoPark (NYSE:GPRK) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Speaker4Good morning, welcome to the GeoPark Limited Conference Call, following the results announcement for the fourth quarter ended December 31st, 2025. After the speaker's remarks, there'll be a question and answer session. If you would like to ask a question at this time, press star one on your telephone keypad. If you would like to withdraw your question, please press star two. If you do not have a copy of the press release, it is ...

During his State of the Union address on Tuesday night, President Trump touted an energy industry strengthened by the success of his "Drill, baby, drill" policy, a dual mandate of more hydrocarbon drilling and lower gas prices. A year into Trump's second term, oil and gas production is at or near all-time highs, and gasoline prices average below $3 per gallon nationally. But for the US oil and gas industry, the president's ambitions have come at a cost. "Capital efficiencies and returns drive our inve ...