Features
Market outlook: reshaping the global energy map — 12 weeks of the conflict
At the centre of the disruption lies the Strait of Hormuz, through which approximately 20 million barrels per day (mbpd) typically transits. Described by experts as the largest oil supply disruption in history by affected volumes, it has acted as a real-time systemic stress test, triggering immediate shocks across oil and gas markets, freight and insurance costs, and industrial supply chains.
UAE-India energy security partnership strengthened by new ADNOC agreements
The UAE has become a cornerstone of India’s energy security agenda, with the energy relationship deepening further.
The signing of two co-operation agreements between ADNOC and Indian companies will see the Abu Dhabi-based major seek future opportunities in crude oil, gas storage, and strategic reserves, in collaboration with the Indian Strategic Petroleum Reserves.
