The End of the Free Market Era in Energy: Why the Hormuz Chokepoint Forces a Transition to a War Economy in 2026 — NRG-IA

Geopolitical Context and Trade Flow Vulnerability The Strait of Hormuz, located between Oman and Iran, represents the world's most important oil transit artery, through which approximately one-fifth of global oil consumption and massive volumes of Liquefied Natural Gas (LNG) pass daily. In the context of current tensions, any disruption to this critical point triggers a chain reaction that goes beyond the energy sphere, turning into a structural economic crisis. Recent warnings from international officials indicate that we are not just facing a temporary price fluctuation, but a paradigm shift. According to recent data, crude oil has exceeded the $110 per barrel threshold, a value that puts immense pressure on refineries and distribution chains. While OPEC+ recently decided to increase production quotas, the organization issued a stern warning: the reconstruction of energy infrastructures destroyed by Middle East conflicts will be a lengthy and extremely costly process. This suggests…