Iran
News
March 06, 2026
The International Energy Agency said it sees no immediate need to release emergency oil reserves despite disruptions in the Strait of Hormuz, citing ample global supply and only temporary logistical impacts from the Iran conflict.
News
March 05, 2026
WTI crude rose above $81 per barrel, the highest in 20 months, as the escalating Iran conflict disrupts shipping through the Strait of Hormuz and raises fears of prolonged global oil supply shortages.
News
March 04, 2026
Oil prices continued rising as the escalating Iran conflict threatens tanker traffic in the Strait of Hormuz. Analysts warn shipping disruptions, refinery damage and tighter diesel supplies could intensify volatility across global oil and gas markets.
News
March 04, 2026
Crude storage tanks across the Middle East are rapidly filling as exports through the Strait of Hormuz remain blocked, raising the risk that major producers may be forced to cut output if shipments do not resume soon.
News
March 03, 2026
The U.S. plans to insure and escort oil tankers through the Strait of Hormuz as the conflict with Iran disrupts shipping in one of the world’s most critical energy chokepoints, through which roughly one-fifth of global oil supplies normally transit.
News
March 03, 2026
A sustained disruption to Strait of Hormuz transit could push Brent toward $110 and tighten global LNG markets, EY-Parthenon warns. While a short-lived escalation may produce only temporary price spikes, a prolonged interruption could trigger a major supply shock and recession risk.
News
March 03, 2026
Enverus warns that escalating Strait of Hormuz risks could remove up to 14 MMbpd of crude and 20% of global LNG from trade flows, potentially pushing Brent prices sharply higher if disruptions persist.
News
March 03, 2026
Energy infrastructure across the Gulf is under mounting pressure as refinery outages, drone strikes and a near-total halt in Strait of Hormuz tanker traffic drive Brent above $83/b. An analyst warns that refined products — not crude — may face the greatest volatility if disruptions persist.
News
March 02, 2026
Upstream oil producers accelerated 2026 hedging programs after crude prices surged on Middle East tensions, using swaps to lock in cash flow, manage volatility and capitalize on a widening backwardated futures curve.
News
March 02, 2026
As conflict in the Middle East disrupts oil and LNG flows, the ripple effects are reaching beyond fossil fuels. Qatar’s LNG shutdown, refinery suspensions and stalled Hormuz traffic are reshaping energy security debates — and complicating the outlook for renewables.
News
March 02, 2026
Qatar suspended production at its Ras Laffan LNG plant after a drone attack, disrupting roughly 20% of global LNG supply and tightening gas markets worldwide.
News
March 02, 2026
Saudi Aramco halted operations at its 550,000-bpd Ras Tanura refinery after a drone strike, though crude exports from nearby terminals remain operational.
News
March 02, 2026
Israel temporarily shut natural gas production at key offshore fields, including Karish, amid escalating conflict with Iran, raising concerns over regional gas exports.
News
March 02, 2026
Oil prices surged nearly 9% as traffic through the Strait of Hormuz slowed dramatically amid escalating Middle East conflict, raising supply disruption fears.
News
March 01, 2026
Update: Oil prices jumped after U.S.–Israeli strikes on Iran — but gains have been more muted than feared. World Oil’s latest analysis examines why crude hasn’t spiked further, the role of OPEC+ output increases, and the evolving risk to Strait of Hormuz flows.
News
March 01, 2026
Two oil tankers were attacked near the Strait of Hormuz as Iran-related tensions escalate, raising concerns over potential disruption to a chokepoint that carries roughly 20% of global seaborne crude and LNG flows.
News
March 01, 2026
OPEC+ will add 206,000 bpd of oil production in April as Middle East tensions escalate following strikes on Iran, raising concerns over potential disruptions to Strait of Hormuz crude flows.
News
January 29, 2026
Brent crude climbed above $71 a barrel as U.S. President Donald Trump warned Iran to accept a nuclear deal or face possible military action, reigniting fears of supply disruptions through the Strait of Hormuz and adding a fresh geopolitical risk premium to oil markets.
News
July 01, 2025
Momentary price spikes aside, the recent conflict and now uneasy ceasefire between Israel and Iran has done little to alter the trajectory of global oil markets, according to a new analysis by S&P Global Commodity Insights.
News
June 25, 2025
Israel ordered the resumption of production at its biggest natural gas field following a truce in hostilities with Iran, setting the stage for higher exports to Egypt. Chevron is working to resume regular production within a few hours, sources said.
News
June 24, 2025
The latest price slump brings the market back to where it was before Israel attacked Iran on June 12. Traders are now refocusing on a looming surplus later in the year, with a supply surge from producers both inside and outside the OPEC+ alliance set to outpace growth in demand.
