Economics ❯ Energy Markets

Oil Prices

Brent Crude Global Trade Market Reactions Geopolitical Tensions Supply and Demand Global Economy Impact of Conflict Strait of Hormuz Crude Oil Global Oil Supply

Two Tankers Hit by Unidentified Projectiles in Strait of Hormuz

The strikes show that the US–Israel–Iran confrontation continues to destabilize shipping, forcing higher fuel prices and EU energy talks.

Pentagon Inspector General Says Gulf War Munition Shortages Contradict Trump

China's Q2 2026 CO2 Emissions Fall as Oil Use Drops

Brazil Weighs One-Month Extension of Gasoline Subsidy

Gulf Rerouting Reshapes Oil Trade and Deepens Pressure on Russian Urals

Iran’s IRGC Declares UK Bases Legitimate Targets After Reports of U.S. Bomber From RAF Fairford

Pakistan Ends Targeted Fuel Subsidy for Motorcyclists, Farmers and Transporters

OPEC+ Lifts June Quotas After UAE Exit to Project Stability

Iran War Upends Global Energy Trade as Buyers Scramble for Alternatives

Japan to Tap State Oil Reserves as IEA Signals Readiness for More Releases

Consumer Watchdogs Warn of Heating-Oil Fake Shops and Unlawful Fixed-Price Cancellations

Trump Demands Iran’s Unconditional Surrender as Strikes Expand Across the Region

AWS Says Drones Damaged Three Gulf Data Centers, Leaving Services Disrupted

OPEC+ Keeps March Quotas Unchanged as Compensation Cuts Trim February Allowance

Analysts See Ruble Upswing Ending as Urals Slump Hits Budget

BP Delays Oil-Demand Peak to 2030 in 2025 Energy Outlook

OPEC+ Announces Larger Output Hike to Enforce Compliance

Equinor Scales Back Renewable Energy Goals While Increasing Oil Production Targets

Oil Prices Hit Two-Month Highs with Optimism Over Chinese Stimulus and Lower U.S. Rates

Oil Prices Close 2024 Lower for Second Year as Market Faces Weak Demand and Oversupply