Shell CEO warns oil and LNG shortages may persist amid Hormuz blockade

12 articles · Updated · Bloomberg · Apr 28

Wael Sawan said about 900 million barrels of oil have not been produced in recent months due to the blockade.
He noted that stockpiles are now at relatively low levels, leading to demand curtailment and increased fuel switching in some regions.
The ongoing disruption at the Strait of Hormuz continues to threaten global energy supplies, with shortages potentially lasting into next year if the blockade persists.

How will this unprecedented crisis permanently reshape global energy alliances and trade routes away from the Middle East?

With strategic reserves proving insufficient, what is the world's real plan B if the Hormuz blockade extends into 2027?

With Qatar's LNG reliability shattered, how will this crisis impact the stability of long-term global gas contracts?

As Asian nations scramble for energy, which countries will emerge as the new dominant suppliers in a post-Hormuz world?

Is the current energy shock the final push for a global pivot to renewables, or a temporary, fear-driven crisis?

Beyond oil prices, what is the untold human cost for the 20,000 seafarers trapped in the Persian Gulf conflict?