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What this real-world oil price says about the level of stress in the energy market
A general view of Navigator Terminals, an Oil storage depot along the River Thames on March 10, 2026 in London, England. Dan Kitwood | Getty Images News | Getty Images The fluctuating price of dated Brent, the global benchmark for real-world barrels of crude, has prompted energy analysts warn to that acute stress in the […]
Read MoreOil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas. Richard Carson | Reuters Oil prices edged higher in choppy trading Friday as tensions around the Strait of Hormuz deepened, with the vital shipping lane still largely closed despite […]
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Asia-Pacific markets open mostly higher as a fragile Iran-U.S. ceasefire keeps investors on edge
The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel. Source
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Trump says Iran ‘better stop now’ if it is charging fees to oil tankers to go through Strait of Hormuz
President of the United States Donald J. Trump speaks to press at the White House, Washington, D.C., US, on April 6, 2026. Kyle Mazza | Anadolu | Getty Images President Donald Trump on Thursday said that Iran “better stop now” if it is charging fees to oil tankers passing through the Strait of Hormuz. Trump’s […]
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Iran attacks on crucial Saudi pipeline and production facilities slash kingdom’s oil output
Saudi Arabia’s critical pipeline to the Red Sea suffered a recent attack from Iran, cutting throughput by 700,000 barrels per day. The attack hit a pumping station on the East-West pipeline, according to a state-news agency report. This pipeline brings crude oil from processing facilities near the Persian Gulf to an export terminal on the […]
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The Strait of Hormuz is not open as Iran controls access after ceasefire, UAE oil CEO says
The Strait of Hormuz has not opened to ship traffic after the U.S. and Iran agreed to a two-week ceasefire, said the CEO of Abu Dhabi National Oil Co., or ADNOC, on Thursday. “This moment requires clarity,” said Sultan Ahmed Al Jaber in a social media post. “So let’s be clear: the Strait of Hormuz […]
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NATO’s Rutte told allies Trump wants Hormuz commitments within days, diplomats say
NATO Secretary General Mark Rutte reacts during a one-on-one interview with Reuters on the Iran crisis and Ukraine war, at the Alliance headquarters in Brussels, Belgium March 5, 2026. Yves Herman | Reuters NATO Secretary General Mark Rutte has briefed some capitals that U.S. President Donald Trump wants concrete commitments within the next few days […]
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