05/28/2026
The Strait of Hormuz closure isn’t just a geopolitical headline—it’s actively reshaping global energy markets.
In TEI’s May 21 webinar, Denton Cinquegrana (Opis) and Debnil Chowdhury (S&P Global) broke down what’s happening now—and what to expect next:
🔹 Supply shock persists: Despite short-term price swings, physical constraints remain the core driver of volatility.
🔹 Relief valves are fading: China’s inventory drawdowns and U.S. export capacity have helped—but both are hitting limits.
🔹 Recovery won’t be quick: Even with a breakthrough, shipping normalization could take weeks—and global flows up to a year.
The data is signaling stress:
• U.S. gasoline inventories at their lowest since 2014
• Demand down ~5.5% year-over-year as prices climb
• Retail margins tightening amid daily volatility
What’s ahead:
• Crude prices potentially climbing into the $130s
• U.S. gasoline testing (or exceeding) $5/gallon
• Refined fuel markets staying tight—even after crude stabilizes
Bottom line: volatility isn’t going away anytime soon—and the impacts will ripple across supply chains, costs, and consumer behavior.
Watch the full expert analysis to understand what this means for your business, your strategy, and the broader energy landscape.
https://bit.ly/4wWdKiQ
Wholesale Volatility Ahead? Watch this Webinar for a Market Outlook...