What Does the Iran War Mean for Global Energy Markets?
you are currently viewing::What Does the Iran War Mean for Global Energy Markets?March 6, 2026-The Iran war has significantly disrupted global energy markets, damaging oil and gas facilities and halting exports through the Strait of Hormuz, a key maritime chokepoint. Despite supply shortages nearing 20 million barrels per day, the robust global inventories and increased U.S. shale production have moderated price spikes. However, a prolonged conflict could push prices above $100. The crisis may drive shifts in energy investments, with importers potentially boosting LNG imports from the U.S. and accelerating renewable and nuclear capacity development to reduce dependence on vulnerable supply routes. Source: Center for Strategic & International Studies |
February 26, 2026-Three charts mapping our projections for passenger aviation demand as of the end of 2025.
Here is the outlook as of the end of 2025:
Annual air travel demand returned to pre-pandemic levels last year, with revenue passenger kilometers (RPK)-the number of paying passengers multiplied by the total distance traveled-reaching nearly 107% of 2019 volume. The 2040 outlook remains relatively unchanged at a global level compared with previous forecasts.