The Iran war will change global energy markets in these important ways, oil executives say

Iran's blockade of the Strait of Hormuz has resulted in the loss of nearly a billion barrels of oil with the shortage growing worse every day.

# The Iran war will change global energy markets in these important ways, oil executives say Iran's blockade of the Strait of Hormuz has resulted in the loss of nearly a billion barrels of oil with the shortage growing worse every day. **Read the full article:** [CNBC](https://www.cnbc.com/2026/05/09/iran-war-oil-gas-energy-security.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*