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Before yesterdayPolitico | Energy & Environment

Politico | Energy & Environment
‘The worst I’ve seen’: Oil industry grapples with the fallout from US-Israel war with Iran
25 March 2026 at 06:00

‘The worst I’ve seen’: Oil industry grapples with the fallout from US-Israel war with Iran

Politico | Energy & Environment

By: By James Bikales and Ben Lefebvre

25 March 2026 at 06:00

The Middle East war is scrambling markets and threatening to remake the energy industry.

A speedboat operated by members of Iran's Revolutionary Guard approaches a British-flagged oil tanker in the Strait of Hormuz in 2019.

A speedboat operated by members of Iran's Revolutionary Guard approaches a British-flagged oil tanker in the Strait of Hormuz in 2019.