Equinor Reports Surge in Energy Export Demand Amid Iran Conflict
Norwegian energy company Equinor has experienced a significant increase in demand for its energy exports following the outbreak of conflict in Iran, which has disrupted petroleum and liquefied natural gas (LNG) exports from the Gulf. The closure of the Strait of Hormuz, a critical chokepoint for energy exports, has led to a loss of 12 million barrels of oil per day, affecting global supply chains. Equinor, Europe's largest oil and gas producer, reported its highest quarterly earnings in three years, driven by increased output and rising petroleum prices. The company has seen heightened interest from customers in Asia, with some reaching out more frequently to secure energy supplies. Equinor has also shipped gasoline to Australia and received increased LNG inquiries from Indian fertilizer producers. 
