☀ WEATHER● RADIOAdvertise
DVDOWNUNDERVOICESAustralia · New Zealand · World
Back to World
World

23 October 2026

Are global oil reserves sufficient to withstand renewed US-Iran war?

Downunder Voices Newsroom

Source reporting: Al Jazeera English

Are global oil reserves sufficient to withstand renewed US-Iran war?

With emergency stocks at multidecade lows, analysts say the world may have only a month or two if Hormuz shuts again.

About this report

Downunder Voices provides an independently written summary and community perspective based on information published by the original source. The original publisher remains responsible for its reporting.

Join our community

Follow Downunder Voices

Join thousands of readers following news and community stories from Australia, New Zealand and the Pacific.

More from World

View category
From Splash247

23 October 2026

Laskaridis linked to $312m newcastlemax order in China

Greek shipowner Panos Laskaridis is making a return to the newcastlemax newbuilding market, with his Lavinia Bulkers linked to an order for four vessels worth around $312m in China. Shipbroking sources have identified Zhoushan Changhong International Shipyard as the builder of the 212,000 dwt bulkers, with delivery scheduled for 2030. The reported contract is valued …

From NPR News

23 October 2026

Morning news brief

U. S. and Israel are planning for a possible attack on Iran, millions of Americans have voted early, judge orders President Trump to sit for deposition in BBC lawsuit.

Read Next

View latest
From Splash247

23 October 2026

2020 Bulkers hands CEO reins to Babinski in offshore switch

Oslo-listed 2020 Bulkers has appointed offshore industry veteran Tom Babinski as group chief executive, replacing Lars-Christian Svensen following its transformation from a dry bulk owner into a major anchor-handling vessel player. The company said Svensen has resigned with immediate effect, with Babinski taking over the top job after previously being lined up to lead its …

From Splash247

23 October 2026

Taylor Maritime agrees final owned bulker sale ahead of London exit

London-listed Taylor Maritime has agreed to sell its last owned bulk carrier for $15. 1m, taking its fleet disposal programme to 56 vessels and putting total proceeds on course to reach almost $933m. The Ed Buttery-led company said the final sale is expected to complete in December, bringing to an end a three-year selling campaign that …

From Splash247

23 October 2026

Splash Wrap: Sanctions, spreadsheets and shipyards

The Trump administration has begun authorising the sale of sanctioned oil tankers to approved investors who must then refurbish the vessels before returning them to legitimate crude trades, US energy secretary Chris Wright revealed on Monday, as Washington scrambles to contain soaring freight costs amid the Hormuz crisis. Attacks continued in the region, with traffic …