Every Chokepoint That Isn't Hormuz | EN590 Commodities
EN590 Commodities GroupCrude Oil August 22, 2026
Iraq Wants to Double Oil Output—and Needs OPEC to Get Out of the Way What I Cover
My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… For six months the entire conversation about oil logistics has been about one strait, and you can hardly blame anyone for that. Hormuz has beeneffectively closedsince late February, when the war between Iran and the U.S. and Israel started, and the EIA reckons only4.9 million barrels a dayof crude and liquids made it through in the second quarter. In the last quarter of 2025 that number was 21.6 million. Parliament Speaker Mohammad Baqer Qalibaf said in June that management of the strait “will never return to the way it was before the war,” which is about as
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.