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Air India, IndiGo, and SpiceJet inform the Indian government that the country's airline industry is on the verge of "stopping operations" because of cost increases related to the Strait of Hormuz closure and the Iran war.
2026-04-28

The International Energy Agency estimates that the damage to liquefied natural gas (LNG) facilities in Qatar will strain the natural gas market for at least two years, and along with the Strait of Hormuz closure, will cause the loss of 120 billion cubic meters of LNG supply by 2030.
2026-04-24

Vitol CEO Russell Hardy says that at least one billion barrels of oil production will be lost because of the war even if it ends immediately, and that the current loss is in the range of 600 to 700 million barrels.
2026-04-21

A South Korean tanker transports crude oil to the country via the Red Sea for the first time since disruptions to the Strait of Hormuz, as the government implements alternative supply routes to secure energy imports.
2026-04-17

Russian foreign minister Sergey Lavrov states that Russia can supply energy to China and other countries affected by disruptions in shipments through the Strait of Hormuz amid the Iran war.
2026-04-15

The Pakistani energy ministry announces daily power outages of about two hours during evening peak demand periods throughout the country, except in Hyderabad and Karachi, to reduce fuel costs and limit tariff increases amid higher energy prices linked to disruptions in the Strait of Hormuz.
2026-04-14

Iranian foreign minister Abbas Araghchi confirms the two-week ceasefire between Iran and the United States, which includes reopening the Strait of Hormuz. The ceasefire is ratified by the Supreme National Security Council (SNSC).
2026-04-8

Brent Crude oil passes US$116 per barrel, the highest it has been since the start of the war.
2026-03-30

Brent crude oil surpasses US$110 per barrel after Iran's Islamic Revolutionary Guard Corps Navy turned away three container ships and declared the Strait of Hormuz closed.
2026-03-27

Danish shipping firm Maersk says that it is suspending all vessel transits through the Strait of Hormuz until further notice due to the ongoing conflict in the Persian Gulf.
2026-03-1