How the Iran war oil and gas supply shock compares with past disruptions - Reuters

<a href="https://news.google.com/rss/articles/CBMitwFBVV95cUxQUUFLYV9DV3E3WmpuNUh0cmtkTTZxTzRHTmUtdkFRSTM1MDBranJKbENTYnlBTnNJZjhxV0RTaWd2SVRBMktTUHNZZ2k2VXlGRzBKWUNiNXdaWFBKQ3VGZVZnb3BqYVJERnprVGtCWEsxcW5nQXI2OWxZVFBSTkFBQmRDNDVZVmZuTjVlYTNNNG9WSzA3NVZyTXJJY0F2YzNjQzJkQ0Jwb0dKeHoybTNXR1k1X2VYb3M?oc=5" target="_blank">How the Iran war oil and gas supply shock compares with past disruptions</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though at least one earlier shock had a greater cumulative impact, according to Reuters calculations based on International Energy Agency and U.S. Department of Energy data.

The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though at least one earlier shock had a greater cumulative impact, according to Reuters calculations based on International Energy Agency and U.S. Department of Energy data.

Global oil markets have been severely disrupted by the ongoing Middle East conflict, with supply losses, surging prices, and weakening demand reshaping the 2026 outlook, the International Energy Agency said in its April issue Oil Market Monthly Report.

The Iran war and closure of the Strait of Hormuz have triggered the largest-ever daily global oil and gas supply disruption — exceeding 10 million barrels per day — prompting the IEA’s unprecedented coordinated release of 400 million barrels from strategic reserves.