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Oil market remains fragile despite start of strategic reserve shipments
- Slow flow keeps markets vulnerable as Strait of Hormuz has been effectively closed since early March
28.03.2026
Oil
Oil prices hold gains as Middle East tensions outweigh de-escalation hopes
- Markets remain volatile as Trump signals progress in talks with Iran while regional risks and supply concerns persist
27.03.2026
Oil
Libya signs energy deal with US oil giant Chevron for offshore exploration
- Agreement to study offshore block signals renewed foreign investment interest in Libya’s oil sector
28.03.2026
Oil
Oil prices gain on Iran tensions, supply concerns
- White House says Trump favors peaceful resolution with Iran but is prepared to escalate sharply if Tehran fails to accept the 'reality of the current moment'
26.03.2026
Oil
US crude oil inventories up by 1.5% for week ending March 20
- Daily crude oil production falls to around 13.6 million barrels per day
27.03.2026
Oil