The Iran-US war that began February 28, 2026 has produced what the IEA, Saudi Aramco CEO Amin Nasser, and Morgan Stanley's Martijn Rats all describe as the largest oil supply disruption in the history of the global oil market, with Brent crude trading near $108 per barrel on May 14 after swinging from $72 to $144 and back within 11 weeks.
2026/05/15
