Soar Financially

Middle East Risk, Oil, and the Global Energy SQUEEZE | Doomberg

20 snips
Mar 27, 2026
Ola Hansen, Head of commodity strategy at Saxo Bank, offers sharp market analysis on energy and metals. She discusses refined-product shortages, diesel and jet fuel stress, and how Asian demand is diverting supplies. She also covers escalation risk around the Strait of Hormuz, inventory effects that prolong shocks, and why Europe’s coming winter and inflation risks matter.
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INSIGHT

Refined Products Are The Real Energy Squeeze

  • The current energy stress is mainly in refined products not crude oil.
  • Middle East refineries produce diesel, jet fuel and petrochemicals while US output is gasoline-heavy, creating regional product mismatches felt hardest in Asia.
INSIGHT

Futures Signal A Prolonged Price Shock

  • Markets are pricing a longer-lasting disruption with futures showing higher prices months out.
  • Damage to infrastructure and strained flows mean Brent may stay around $100 even if a ceasefire occurs.
INSIGHT

Daily Supply Disruptions Are Orders Of Magnitude Larger

  • The scale of daily disruptions is unprecedented, approaching ~10 million barrels per day versus usual moves of <1MB/d.
  • At-sea floating inventories (≈1.3bn barrels) have temporarily cushioned supply but will run down.
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