Alkagesta chief executive Orkhan Rustamov has been featured in City A.M. with an opinion piece responding to coverage of oil price movements amid continuing tensions in the Strait of Hormuz, the company confirmed on 5 August 2026.
City A.M. is a London-based business and finance newspaper distributed primarily in the City of London and Canary Wharf, with a readership concentrated among professionals in banking, trading, fintech and energy.
The piece argues that the market's expectation of a return to stability is misplaced. Rustamov's contention is that the last six months have shown how even the world's most sophisticated oil and gas infrastructure remains vulnerable to events beyond producers' control.
As supporting evidence, the article points to accelerating pipeline projects in the UAE and Iraq, framing them as a sign that producers themselves are beginning to accept the new reality rather than waiting out the disruption.
The intervention is consistent with Alkagesta's published market insights through 2026, which have tracked Hormuz transit volumes, security-related cost escalation and their transmission into European product balances.
For physical traders, the argument has practical consequences. If bypass infrastructure rather than de-escalation is the mechanism through which flows normalise, then freight, insurance and routing costs — not just crude flat price — carry the adjustment for several years.
Rustamov has also set out a fuller version of the argument in European Business Magazine, published the same week.
