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the strait closures of Hormuz and Bab al-Mandab, as well as the shutdown of East-West Crude Oil Pipeline on September 11, 2026, resulted in total disruption of 39% of global trade and 31% of global shipments.
Restricted maritime traffic was reported to have contributed to supply constraints in oil and jet fuel, affecting global energy flows and increasing market volatility.
Shipping disruption contributed to volatility in UK energy markets, with analysts warning that wholesale gas price increases could raise household energy bills.
The disruption led to global oil prices rising and caused fuel shortages in countries which imported most of their fuel from the Persian Gulf region.
the shutdown of East-West Crude Oil Pipeline on September 11, 2026, resulted in total disruption of 39% of global trade and 31% of global shipments.
analysts warning that wholesale gas price increases could raise household energy bills and expose the country's reliance on global fuel markets.
The United States, buffered by domestic production, faced less direct impact but saw petrol prices rise 5–10 cents per gallon daily.
price surged up to $109 as renewed attacks on shipping and energy infrastructure reversed earlier gains.