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International Coal Prices

Why the Global Oil System Cannot Replace Hormuz Flows March 20, 2026
As the world braces for a potential “Battle of Hormuz” to reopen the world’s most important energy chokepoint, governments and energy markets are scrambling to answer a daunting question: What happens if the Strait of Hormuz stays closed for weeks or even months? The narrow waterway between Iran and Oman is the most critical chokepoint […]
Asian Refiners Pay Record Premiums for Non-Middle East Crude March 20, 2026
Refiners in Asia are paying huge premiums for crude that could replace some of the supply stuck in the Middle East, with the most suitable grades from Norway and the U.S. being bid at record-high double-digit premiums over Dated Brent. Many refineries in Asia, which is the most dependent region on Middle East supply, are […]
Oil Extends Rally as Hormuz Stays Closed March 20, 2026
Oil is heading for a fifth straight weekly gain, with Brent near $109, as the Strait of Hormuz remains shut for a third week, keeping supply tight despite policy efforts to ease the market. Friday, March 20, 2026 Oil markets are set to post their fifth consecutive weekly gain (excepting WTI which will see a […]