Strategic oil release may calm markets but cannot fix Hormuz disruption Record oil release steadies markets, but war-driven disruption in the Strait of Hormuz keeps energy supplies uncertain.Share this: Erdogan calls for Strait of Hormuz reopening amid oil disruptionDateAugust 16, 2026In relation toAl-JazeeraWhy are oil companies posting record profits amid Iran war disruption?DateAugust 4, 2026In relation toAl-JazeeraHow US-Israel attacks on Iran threaten the Strait of Hormuz, oil marketsDateMarch 1, 2026In relation toAl-Jazeera