Supply disruptions in the Strait of Hormuz have reduced global LNG flows by a fifth and erased 1 billion barrels of crude oil since March.
Global LNG flows have dropped by roughly 20% due to the ongoing crisis in the Strait of Hormuz, disrupting energy markets. Cumulative crude oil supply losses have exceeded 1 billion barrels since March, tightening available inventories.
The International Energy Agency recently reported a projected daily supply shortfall of 3.9 million barrels for this year. Governments are implementing fuel rationing and conservation measures to mitigate shortages, though long-term demand shifts remain uncertain.
Markets are adjusting to supply constraints, with potential upward pressure on energy prices as disruptions persist.