Energy — Iran Conflict Reshapes Global Energy Supply Chains: Dark Fleet Masks True Oil Flows, Coal Makes Comeback, and EV Demand Accelerates

Energy · 2026-04-12

TODAY'S SIGNAL — The Iran war is now the dominant variable across virtually every energy vertical. Today's reporting reveals a market operating on two levels: the visible one — where tanker traffic is collapsing, Gulf exporters are shutting in production, and every stress metric is flashing red — and the invisible one, where Iran's dark fleet continues to move crude outside conventional tracking…