
Middle East Tensions Persist Six Months Post-Conflict Start
The regional security situation remains a focal point for commodity markets and maritime trade following a six-month period of escalated conflict.
Crude and refined product trading: grade differentials, refinery runs and margins, product cracks, floating storage and export programme changes.

The regional security situation remains a focal point for commodity markets and maritime trade following a six-month period of escalated conflict.
Recent statements regarding a new Venezuelan oil agreement have drawn attention from industry observers, with details on ownership and revenue projections prompting further analysis.
Several international energy companies are reportedly nearing final agreements to invest in Venezuela's oilfields and power infrastructure, marking a potential shift in the country's energy landscape.
Recent developments concerning import duties between Canada and the United States are impacting established supply chains for key industrial metals.
A new agreement aims to scale up chemical recycling processes for plastic waste, potentially reaching billions of pounds of annual capacity.
A US-backed energy company has reportedly been granted multiple oil agreements in Venezuela, indicating a recalibration of international participation in the nation's energy sector.
The European gasoline market experienced significant prompt tightness and backwardation throughout August 2026, driven by a structural deficit of high-octane blending components, record-low Rhine River levels, and refiners prioritizing other distillates, according to Alkagesta's market insights.
Orkhan Rustamov, CEO of Alkagesta, recently shared his perspective in European Business Magazine, outlining how recent geopolitical events have irrevocably altered the dynamics of the international crude oil market.
Orkhan Rustamov, CEO of Alkagesta, recently contributed an opinion piece to City A.M., highlighting the oil market's need to adapt to persistent instability rather than anticipating a return to previous conditions, especially concerning the Strait of Hormuz.