# How the Iran War Is Disrupting Global Oil and Gas Supply

> Iran has all but blocked shipments through the Strait of Hormuz, which carries roughly a quarter of global seaborne oil trade. Israel's strike on Iran's South Pars gas field has prompted a further wave of Iranian attacks.

- Date: 2026-04-01 · published 2026-04-01T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/20364-how-the-iran-war-is-disrupting-global-oil-and-gas-supply
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Sustained disruption to Hormuz oil and gas flows keeps crude and gas prices elevated, raising energy and diesel costs for feed production and transport.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-03-03 | [Global oil and gas prices soar as Iran crisis disrupts shipping, production \| Reuters](https://feedsoft.ai/events/8777-global-oil-and-gas-prices-soar-as-iran-crisis-disrupts-shipping-production.md) | +24.7% | +51.3% |
| BRENT | 2026-03-02 | [Oil Prices Surge as Hormuz Disruptions Threaten Global Supply, Analysts Warn - Bloomberg](https://feedsoft.ai/events/8003-oil-prices-surge-as-hormuz-disruptions-threaten-global-supply-analysts-warn.md) | +31.0% | +62.6% |
| BRENT | 2026-03-12 | [Brent Oil Tops $100 as Persian Gulf Disruption Hits Global Supply - Bloomberg](https://feedsoft.ai/events/8158-brent-oil-tops-100-as-persian-gulf-disruption-hits-global-supply-bloomberg.md) | +23.1% | +16.8% |
| BRENT | 2026-03-01 | [How the attack on Iran could impact the global oil market and economy](https://feedsoft.ai/events/20773-how-the-attack-on-iran-could-impact-the-global-oil-market-and-economy.md) | +31.0% | +62.6% |
| BRENT | 2026-03-01 | [Oil and gas prices surge as Iran war disrupts Middle Eastern output \| Reuters](https://feedsoft.ai/events/5228-oil-and-gas-prices-surge-as-iran-war-disrupts-middle-eastern-output-reuters.md) | +31.0% | +62.6% |
| WTI | 2026-03-03 | [Global oil and gas prices soar as Iran crisis disrupts shipping, production \| Reuters](https://feedsoft.ai/events/8777-global-oil-and-gas-prices-soar-as-iran-crisis-disrupts-shipping-production.md) | +33.1% | +46.3% |
| WTI | 2026-03-02 | [Oil Prices Surge as Hormuz Disruptions Threaten Global Supply, Analysts Warn - Bloomberg](https://feedsoft.ai/events/8003-oil-prices-surge-as-hormuz-disruptions-threaten-global-supply-analysts-warn.md) | +35.6% | +50.4% |
| WTI | 2026-03-12 | [Brent Oil Tops $100 as Persian Gulf Disruption Hits Global Supply - Bloomberg](https://feedsoft.ai/events/8158-brent-oil-tops-100-as-persian-gulf-disruption-hits-global-supply-bloomberg.md) | +10.6% | +13.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-03-20/how-iran-s-qatar-lng-attack-hormuz-closure-are-driving-up-oil-and-gas-prices

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.