Oil Prices Rise Above $100 as Middle East Tensions Threaten Global Supply
London: Global oil prices have climbed above the $100-per-barrel mark as growing geopolitical risks raise concerns about possible disruptions to...
Oil Supply
🛢️ Oil Prices Rise Above $106 as US-Iran Tensions Threaten Strait of Hormuz
London/Singapore, September 28, 2026: Global oil prices moved sharply higher on Monday as uncertainty over the US-Iran conflict renewed concerns...
Oil Prices Ease as Markets Assess Possible U.S.-Iran Truce
LONDON: Global oil prices edged lower as traders assessed the possibility of a diplomatic breakthrough between the United States and...
Vietnam Refinery and ExxonMobil Sign Framework for Crude Oil Supply
HANOI: Vietnam’s leading oil refining operator has entered into a framework agreement with ExxonMobil Asia Pacific to strengthen crude oil...
Iran Conflict Puts Strait of Hormuz at the Center of Global Energy Security
The conflict between the United States and Iran has turned the Strait of Hormuz into one of the most closely...
Oil Prices Fall as Saudi Supply Improves and Hopes for Diplomacy Grow
Global oil prices moved lower on Wednesday as traders responded to signs that crude supplies from the Gulf region could...
Oil Prices Fall More Than 2% as Diplomatic Hopes Ease Supply Concerns
Global oil prices fell by more than 2% on Monday, reaching their lowest levels in more than a week as...
Oil Prices Decline as Easing Saudi Supply Concerns Weigh on Global Market
London, September 18, 2026: Global oil prices moved lower for a third consecutive trading session on Friday as signs that...
Commercial Ship Struck Near Strait of Hormuz, Leaving One Dead
A commercial vessel was struck by a projectile near Iran’s Qeshm Island in the Strait of Hormuz early Sunday, killing...
Switzerland Secures Oil Supply as Government Releases Emergency Stocks Amid Refinery Disruption
Switzerland has authorised the release of petroleum products from its strategic emergency reserves after an interruption at the Cressier oil...
Oil Prices Surge as US-Iran Fighting Raises Fresh Fears Over Strait of Hormuz
London, September 8, 2026: Global oil prices have climbed sharply as renewed military confrontation between the United States and Iran...
Qatar Warns Prolonged Hormuz Crisis Could Trigger Global Industrial Shock
Doha, September 8, 2026: Qatar has warned that a prolonged crisis around the Strait of Hormuz could develop into a...
OPEC+ Freezes October Oil Output Policy Amid Global Supply Uncertainty
RIYADH — OPEC+ has decided to keep its oil production policy unchanged for October, pausing further adjustments as major producers...
Strait of Hormuz Crisis Keeps Global Energy Markets on Edge as Oil Supply Risks Grow
August 28, 2026: Global energy markets remain under intense pressure as uncertainty surrounding the Strait of Hormuz continues to raise...
Strait of Hormuz Crisis Deepens as Oil Tanker Traffic Stalls and U.S.-Iran Talks Remain Frozen
President Donald Trump arrives on stage to deliver remarks on the economy at the Rocky Mount Event Center in Rocky...
Houthi Attack on Saudi Aramco’s Jazan Refinery Raises Fresh Energy Security Concerns
AI Generated Picture JAZAN, Saudi Arabia — August 10, 2026: A fresh security incident at Saudi Arabia’s energy infrastructure has...
Black Sea Conflict Intensifies as Russia-Ukraine Attacks Disrupt Global Trade
The Russia-Ukraine war is entering another increasingly dangerous phase as attacks around the Black Sea continue to affect ports, commercial...
Iran-Oman Strait of Hormuz Talks Near Breakthrough, But Reopening Still Faces Major Obstacles
AI Generated Image Negotiations between Iran and Oman over maritime navigation through the Strait of Hormuz have entered a critical...
Strait of Hormuz Uncertainty Keeps Global Oil Prices Under Pressure as Markets Await a Clear Reopening Deal
August 8, 2026 Global oil markets remain highly sensitive to developments surrounding the Strait of Hormuz, with traders struggling to...
Refining Capacity Crunch Keeps Global Fuel Prices High Despite Softer Crude Oil
Global fuel prices have remained elevated even as crude oil prices have eased, highlighting a growing imbalance in the international...
Global Oil Prices Stay Volatile as Strait of Hormuz Tensions Raise Supply Concerns
Global oil markets remain under pressure as geopolitical tensions surrounding the Strait of Hormuz continue to create uncertainty over the...
