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Iran: U.S.-Israeli Strikes Threaten 20% of Global Oil Production

U.S. and Israeli attacks on Iran trigger energy market surge. Brent crude reaches $83 per barrel, while potential Strait of Hormuz closure threatens one-fifth of global petroleum production.

Iran: U.S.-Israeli Strikes Threaten 20% of Global Oil Production

CountriesIran, États-Unis, Israël, Qatar, Arabie Saoudite
SectorGaz, GNL
ThemePolitique & Géopolitique, Sécurité énergétique

U.S. and Israeli strikes against Iran have triggered a shock across energy markets, reviving the specter of a crisis comparable to the 1970s. Brent crude reached $83 per barrel on Tuesday morning. Qatar's production halt on Monday sent daily freight rates for liquefied natural gas (LNG) carriers soaring by more than 40%.

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