Webinar on-demand: Hormuz transit - Exploring the new normal for energy markets

What was covered in the webinar:

• The strategic importance of the Strait of Hormuz for global energy markets, including crude, refined products, LNG, and LPG flows, and why disruption risk remains a key focus for market participants.
• Energy Aspects’ latest view on the geopolitical and security backdrop in the Middle East, including how current tensions are affecting shipping, supply risk, and market pricing.
• Scenario analysis on Hormuz transit disruption, covering the scale of upstream shut-ins, the pace of recovery, and why a return to normal flows is unlikely to be immediate.
• The implications for oil balances and prices, including the role of SPR releases, the risk of tighter balances over a multi-year horizon, and why prices may remain higher for longer even if near-term flows improve.
• The knock-on effects for regional crude and product markets, with discussion of European refining margins, diesel and jet tightness, Atlantic Basin gasoline balances, and the effect on deferred pricing.
• The outlook for LNG exports and the use of satellite-based monitoring to track terminal activity and ramp-up trends.

Webinar recorded on 16 April 2026.

Our expert analysts speaking in this webinar: