When Energy Prices Spike: Emerging Claims and Remedies in Times of Conflict

The regional conflict in the Middle East, which began in late February 2026, led to significant volatility in global oil prices. Hostilities have disrupted key oil trade routes and increased risks to critical energy infrastructure across the Gulf, particularly in the Strait of Hormuz, through which approximately a fifth of the world’s oil and liquefied natural gas (LNG) transits.... By: Vinson & Elkins LLP