Oil Used as Target. The Energy Report 03/09/2026

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Oil Used as Target. The Energy Report 03/09/2026

blog.pricegroup

3 months ago

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Iran and OPEC used to wield their oil production as a weapon by withholding supply. Now, for what remains, the Iranian regime is targeting oil and gas, as well as neighboring countries and civilian targets. Reports indicate that about ten vessels in or near the Strait of Hormuz have come under attack by Iran, in clear violation of international law, causing nearly all traffic through the world’s most important oil, LNG, and other goods chokepoint to grind to a halt.
WTI oil opened trading last n...

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