A disruption to oil supply in the Strait of Hormuz is reported to be causing a global energy crisis in 2026. The situation is expected to lead to increased oil prices, with some outlets warning of a significant impact on the global oil supply within a short period. The extent of the disruption and its effects on the market are still unfolding, with various countries and companies responding to the crisis, including increased employment in upstream sectors and boosted production in alternative pipelines.