International Market Highlight – March 19, 2026

Westlark Advisors’ International Market Highlight

One constant in the energy market is change. Changes in energy markets today are increasingly influenced by events happening around the world. Markets continue to grow more complex and interconnected, making it more important than ever to keep track of what is going on not only across the street, but also across the globe.

At Westlark, our team is committed to working with you as partners, helping your business reach its unique goals. One way we demonstrate this commitment is by directing more attention to global markets. This increased attention, along with our expertise in North American markets, allows us to assist clients as they navigate the complexities of energy markets throughout the world.

Providing a Weekly International Market Highlight

We provide an International Market Highlight each week. Pulled from our weekly report, the International Buzz! this Highlight focuses on key issues from our analysis of the global energy markets.

Our team regularly monitors issues that impact shipping, affect energy pricing, and influence market activity in specific regions.

Wherever your business operates, we can provide a steady hand and a shared commitment so you can confidently build sustainable value and growth.

market indices, Hedging 201, future curve structure; energy market volatility; Q&A with the Westlark Advisors

Westlark Advisors International Market Highlight

March 19, 2026

map of Argentina with pin in middle; LPG market highlights

ARGENTINA

Buenos Aires will host the 39th Ibero‑American LPG (AIGLP) Congress on March 24–26, 2026, bringing together about 2,000 industry and government participants from more than 20 countries to assess global energy risks, regulatory challenges and growth opportunities for LPG as a strategic fuel in the regional energy transition.

map of the Middle East - Saudi Arabia, Iran, etc. LPG market highlights; continued Middle East disruption

MIDDLE EAST

Rystad Energy said the Strait of Hormuz closure has already cut more than 12 million BOE/D of Middle Eastern supply and warns the loss could deepen sharply, risking a prolonged global oil crisis as critical Saudi heavy crude grades remain irreplaceable if the conflict continues.

map of India; LPG market highlights; continued Middle East disruption

INDIA

Two LPG tankers chartered by Indian Oil Corp. crossed the Strait of Hormuz in route to India under an unconfirmed diplomatic arrangement with Iran, offering rare and temporary relief to India’s fuel supply crisis amid the Persian Gulf conflict.

map of Colombia (also shows Venezuela and Ecuador)

COLOMBIA

Petrobras said it has made a new natural gas discovery at the Copoazu‑1 deep water exploratory well off Colombia’s coast, near the Sirius discoveries, underscoring its strategy to expand reserves beyond Brazil and build on the giant Sirius‑2 find which could potentially double Colombia’s gas reserves.

If you are interested in more expert market commentary like this, contact a Westlark Team member today!

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International Market Highlight – March 19, 2026

By Gabriel Amundarain

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