21 Sep, 2026

global oil trade

Beyond Hormuz: How Gulf Countries Are Rerouting Oil Amid Rising Risks

22 Apr, 2026 2 mins read 454 views

Gulf countries are exploring alternative oil export routes as tensions threaten the Strait of Hormuz. While pipelines and ports offer some support, the region still heavily depends on the strait, leaving global oil supply vulnerable.

Business

Petrodollar Under Pressure: How the Iran War Is Shaking Global Oil Trade Stability

21 Apr, 2026 3 mins read 692 views

The Iran conflict is disrupting global oil trade by affecting key shipping routes like the Strait of Hormuz, leading to supply concerns and rising oil prices. The situation is increasing market volatility and raising questions about the long-term stability of the petrodollar system, though the US dollar still remains dominant in oil trade.