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Hormuz closure could hit Asia directly, trigger chain reactions in global economy

- Prolonged Hormuz closure risks soaring oil prices and inflation pressures worldwide

05.03.2026 Oil , Energy Diplomacy

Oil prices extend gains as Hormuz tensions escalate amid Iran threat

- Crude gains rise after Iran warns it will block transit through Strait of Hormuz, raising global supply concerns as US signals possible naval escorts

04.03.2026 Oil

Oil prices up 6% amid intensified conflicts in Middle East

- Price of Brent oil up 6%, WTI 6.6% on Tuesday

04.03.2026 Oil

Oil markets remain on edge as geopolitical risks clash with structural oversupply

- Structural oversupply and China's stockpiles cushion market shocks, though weeks-long closure of Hormuz could push oil to $120

03.03.2026 Oil

Oil prices extend gains on Middle East tensions

- Latest gains came after Iran closed Strait of Hormuz to transit and warned that vessels attempting to cross could be attacked

03.03.2026 Oil

Israel halts Energean FPSO, Leviathan gas production

- Israel orders temporary suspension of Energean FPSO, Leviathan gas output amid security escalation

03.03.2026 Oil

US-Israeli strikes on Iran spark jump in energy prices

- Escalation involving Iran is amplifying supply disruption fears through Strait of Hormuz, sending European gas prices sharply higher and raising expectations that crude prices could climb over $10

03.03.2026 Natural Gas , Oil

Drone fragments caused limited damage, fire at Ras Tanura oil refinery, Saudi Arabia says

- Energy Ministry says fire quickly contained after interception of two drones; no injuries reported and oil supplies unaffected

02.03.2026 Oil

Oil prices jump as US-Israel strikes on Iran escalate tensions

- Brent crude surge on US-Israel strikes against Iran, retaliation heightens regional tensions

02.03.2026 Oil

OPEC+ eight members to raise output by 206,000 bpd in April

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman agree to resume oil production increases after first quarter pause

02.03.2026 Oil

Belgian army boards suspected Russian shadow fleet tanker

- Belgium seizes oil tanker with French support

02.03.2026 Oil

4 injured in attack on oil tanker near Oman’s coast

- Omani authorities say all 20 crew members aboard SKYLIGHT tanker evacuated

02.03.2026 Oil

Israel strike risk heightens oil price concerns amid nuclear deadlock

- Growing tensions between Washington and Tehran, coupled with reports of Israeli military action, lift geopolitical risk sentiment across global energy markets

01.03.2026 Oil , Energy Diplomacy

US oil rig count down for week ending Dec. 27

- Number of US oil rigs fall by 79 compared to one year ago

01.03.2026 Refining/Petro Chemistry

Oil prices rise as US-Iran talks stall

- Market sentiment supported by continued uncertainty over nuclear negotiations, potential OPEC+ output hike caps gains

28.02.2026 Oil

Oil prices edge higher ahead of US-Iran nuclear talks

- Gains are limited as US crude inventories jump well above expectations

27.02.2026 Oil

US crude oil inventories up by 3.8% for week ending Feb. 20

- Daily crude oil production falls to around 13.70 million barrels per day

26.02.2026 Oil

Oil prices slip on Russia-Ukraine diplomacy, US-Iran talks

- Rising US crude inventories and easing geopolitical risk perceptions weigh on market

26.02.2026 Oil

Brent crude holds above $70 after hitting seven-month high

- Middle East tensions, cautious outlook on US-Iran nuclear talks and uncertainty over US trade policy support prices

25.02.2026 Oil

Oil prices slip as markets watch US-Iran talks

- Combination of trade uncertainty, geopolitical risk and concerns over global growth is keeping oil prices under pressure

24.02.2026 Oil

US oil rig count remains unchanged for week ending Feb. 20

- Number of US oil rigs falls by 79 compared to one year ago

22.02.2026 Oil

Oil climbs on escalating US–Iran tensions, surprise US crude draw

- Geopolitical risk premium rises as US bolsters Middle East military presence

20.02.2026 Oil

US crude oil inventories down by 2.1% for week ending Feb. 13

- Daily crude oil production rises to around 13.74 million barrels per day

21.02.2026 Oil

Türkiye expands global energy alliances to boost TPAO's international reach

- Agreements with Shell, bp, Chevron, ExxonMobil seen as key to production growth and overseas expansion

23.02.2026 Natural Gas , Oil

Oil prices struggle for direction amid US-Iran talks, Fed policy uncertainty

- US and Iran complete second round of negotiations to resume diplomatic process following attacks on Iran in June 2025 and 12-day conflict

20.02.2026 Oil

Türkiye's TPAO, Shell to cooperate for offshore exploration in Bulgaria

- Agreement marks TPAO’s fourth international upstream partnership in 2026

20.02.2026 Natural Gas , Oil

Oil prices edge higher as markets gauge US-Iran talks

- Crude prices experience modest gains as diplomatic uncertainty caps upside

18.02.2026 Oil

Oil prices fall ahead of US-Iran talks, economic data

- Prices pressured by diplomatic hopes while focus shifts to US economic data

17.02.2026 Oil

Oil prices steady amid US-Iran talks, thin volumes

- Prices move sideways as markets focus on US-Iran talks and limited trading due to holidays in China and US

17.02.2026 Oil

Türkiye sends drillship to Somalia for first overseas mission

- Energy minister calls deployment historic step in offshore push

17.02.2026 Natural Gas , Oil

Trump, Netanyahu agree to intensify economic pressure on Iran, targeting oil sales to China: Report

- Strategy pairs sanctions push with nuclear diplomacy, regional military buildup to keep strike option on table, say US officials

17.02.2026 Oil

US oil rig count down 3 for week ending Feb.13

- Number of US oil rigs falls by 72 compared to one year ago

16.02.2026 Oil

Türkiye's oil imports up 8.2% in Dec. 2025

- Crude oil imports rise by 18% to 2.92 million tons in December 2025, latest data shows

14.02.2026 Oil

Oil heads for weekly gain as Middle East risk offsets demand concerns

- Lingering uncertainty on US-Iran talks has helped keep geopolitical risk premium in prices, allowing oil to hold onto weekly gains

14.02.2026 Oil

US eyes up to 40% growth in Venezuela’s oil output as energy secretary tours Orinoco Belt

- Weeks after Maduro’s capture, Chris Wright and interim President Rodriguez visit Chevron-PDVSA joint ventures

14.02.2026 Oil

Oil slips on softer demand outlook, uncertainty over US-Iran talks

- Weaker demand outlook helps ease concerns about tightening supply balance, adding downward pressure on prices

13.02.2026 Oil

Turkish Petroleum and bp sign pact on oil, gas cooperation

- Turkish energy minister hints at new deal next week, says partnership to be established in specific location and country

14.02.2026 Natural Gas , Oil

IEA lowers 2026 global oil demand outlook by 83,000 barrels per day

- Global oil demand is expected to rise by around 849,000 bpd compared with 2025, reaching 104.87 million bpd

13.02.2026 Oil

Oil prices edge lower as weak demand data outweigh geopolitical risks

- Rising US crude stocks and soft china data weigh on demand outlook

13.02.2026 Oil

OPEC crude oil production down 135,000 barrels per day in January

- Organization maintains its global oil demand growth forecast for 2026, marking increase of 1.38 million bpd

13.02.2026 Oil

Türkiye's TPAO wins two blocks in Libya's oil and gas licensing round

- Turkish Petroleum Corporation secures onshore and offshore blocks with international partners as Libya holds first oil and gas licensing round in 17 years

12.02.2026 Natural Gas , Oil

US raises oil price forecast for 2026

- EIA sees rising inventories and oversupply pushing oil prices down in 2026

11.02.2026 Oil

Oil prices up on US-Iran tensions, China demand hopes

- Prices drew support from geopolitical risk despite ongoing talks between Washington and Tehran

12.02.2026 Oil

China vows to help Cuba amid ‘growing fuel shortages’

- UN has expressed concern over ‘growing fuel shortages, their impact on people’ in Cuba after US threatened of tariffs on any country that sells oil to island nation

10.02.2026 Oil

Mexico confirms standstill in oil shipments to Cuba

- Mexican president calls US sanctions ‘unjust,’ schedules 2nd shipment of humanitarian aid to Caribbean island nation

10.02.2026 Oil

Oil edges lower amid diplomacy, data uncertainty

- Oil slips slightly as markets await US data, monitor Iran talks

10.02.2026 Oil

Air Canada suspends flights to Cuba amid jet fuel shortage following Trump threats

- Airline says it will operate empty flights to bring home about 3,000 stranded passengers

10.02.2026 Oil

Syrian Petroleum Company team arrives in Hasakah to take over oil fields

- Move comes in implementation of agreement to assume control of Rumeilan and Al-Suwaydiyah oil fields

10.02.2026 Oil

Cuba warns airlines it will run out of jet fuel after Trump threats

- International airlines may no longer refuel in Cuba due to jet fuel shortages after Trump threatened tariffs on oil supplier

11.02.2026 Oil

India stresses 'national interest' in guiding energy imports

- Remarks from News Delhi come after Trump lifted 25% second tariff imposed on Indian goods in retaliation for India's import of Russian oil

10.02.2026 Oil

Mexico confirms standstill in oil shipments to Cuba

- Mexican president calls US sanctions ‘unjust’ and schedules second shipment of humanitarian aid to Caribbean island nation

10.02.2026 Oil

Oil prices fall as Iran–US talks signal easing regional tensions

- Hopes of continued Iran–US nuclear talks eased regional risk, weighing on oil prices

10.02.2026 Oil

US states court Turkish investors with low-cost energy pitch

- Ohio, Pennsylvania and West Virginia highlight reliable, low-cost power for manufacturers

10.02.2026 Electricity , Natural Gas , Oil , Finance , Energy Diplomacy

Oil set to post 3% weekly fall amid easing US-Iran tensions

- Oil markets trade in narrow weekly range with easing geopolitical tensions while supply disruptions, sanctions and persistent regional risks prevent deeper decline

08.02.2026 Oil

Oil prices rise as uncertainty over US-Iran talks keeps Middle East tensions in focus

- Despite diplomatic efforts, US virtual embassy in Iran urged American citizens to leave country 'now' if possible

06.02.2026 Oil

Türkiye's TPAO, Chevron sign MoU on oil, gas exploration

- Country aims to develop joint projects in Türkiye and on international scale with new partnerships, says Alparslan Bayraktar

06.02.2026 Natural Gas , Oil , General

Libya, Türkiye ties hold strong potential for expanded financial, trade cooperation

- Libyan Foreign Bank head says trust, transparency key to unlocking biletaral cooperation

06.02.2026 Natural Gas , Oil , Finance

Oil giant Shell reports its lowest quarterly profit in 5 years as oil prices decline

- Shell posts $3.26B profits in October-December period of last year, falling short of expectations

06.02.2026 Oil

Oil prices slip as US-Iran talks ease tensions, inventory draw limits losses

- Markets take cues from news that negotiations over Iran's nuclear program are set to take place Friday in Muscat, Oman's capital

05.02.2026 Oil

US crude oil inventories down by 0.8% for week ending Jan. 30

- Daily crude oil production decreased to around 13.21 million barrels per day

06.02.2026 Oil

Norway pledges stable oil and gas supplies to Europe alongside energy transition

- Stable investment, continued exploration and closer EU cooperation are key to sustaining oil and gas while advancing offshore wind, hydrogen and carbon capture technologies, Norwegian official says

06.02.2026 Natural Gas , Oil , Renewable

Oil prices steady as US-Iran diplomacy offsets Middle East tensions

- Washington is negotiating with Iran 'right now,' says US President Donald Trump

05.02.2026 Oil

Trump says 50M barrels of Venezuelan oil are en route to Houston

- 'We took in 50 million barrels of oil. It's right now heading to Houston, and we’re getting along very well with them,' US president says

05.02.2026 Oil

Oil prices fall as easing US-Iran tensions prompt profit-taking

- Prices came under pressure as markets focused on renewed diplomatic activity between Washington and Tehran, easing fears of supply disruptions from the Middle East

04.02.2026 Oil

Oil prices slip near 6% on reports of US-Iran talks, OPEC+ output policy

- Negotiations between Washington and Tehran ease risk premiums in crude markets, while OPEC+ decision to maintain supply discipline supports oil price fall

03.02.2026 Oil

Weekly crude prices edge 5% higher amid geopolitical risks, US supply disruptions

- US-Iran tensions and severe US winter weather tighten supply and lift risk premiums, while expectations of Venezuelan output hike and other non-OPEC producers cap gains

02.02.2026 Oil

US oil rig count remains unchanged for week ending Jan. 30

- Number of US oil rigs falls by 68 compared to one year ago

01.02.2026 Oil

China rejects Trump's Cuba oil tariff order, backs Havana against ‘external interference’

- US president declared ‘national emergency,' threatening 'tariffs on goods from countries that sell or otherwise provide oil to Cuba’

01.02.2026 Oil

Crude slips as Washington relaxes Venezuela oil sanctions

- Markets digest Venezuela sanction relief while watching Iran tensions, OPEC+

30.01.2026 Oil

Russia's Lukoil agrees to sell international assets to Carlyle

- Lukoil plans asset sale after being added to US sanctions list

29.01.2026 Oil

France releases captain of Russian-linked oil tanker

- 58-year-old Indian captain was taken into custody on Saturday evening for allegedly flying false flag after French navy boarded tanker last Thursday

30.01.2026 Oil

Mexico says oil shipments to Cuba will continue

- US lawmakers warn Mexico to curtail all assistance to island nation

30.01.2026 Oil

Oil gains as US threats against Iran raise fears of supply disruptions

- Concerns over possible US military intervention against Iran raise supply disruption fears, while falling crude inventories, output losses and Fed interest rate stance add support to market

29.01.2026 Oil

US oil stocks fall as production edges lower

- Lower output, exports shape supply picture

29.01.2026 Oil

Winter storm lifts oil prices as US supply tightens

- Gulf Coast outages and weaker dollar buoy crude

29.01.2026 Oil

EXCLUSIVE- US 'maximum pressure' campaign tightens grip on Iran's economy

- US pushes Tehran toward concessions through energy policies and sanctions as Iran rejects demand to fully halt uranium enrichment as 'red line'

29.01.2026 Oil , Energy Diplomacy

Oil edges higher on US-Iran tensions

- Prices tick up as rising geopolitical risks in Middle East lift risk premiums, while strong non-OPEC supply growth and surplus concerns limit gains

26.01.2026 Oil

Libya breaks 12-year oil production record in 2025

- Nation also launched first oil, natural gas exploration licensing round in 17 years in 2025, says premier

26.01.2026 Natural Gas , Oil

Libya Energy, Economy Summit convenes in Tripoli

- Libya targets energy growth with global investors at LEES as Türkiye's Energy and Natural Resources Minister Alparslan Bayraktar will take part in summit's opening session, ministerial panel

24.01.2026 Natural Gas , Oil

US oil rig count up 1 for week ending Jan. 23

- Number of US oil rigs falls by 61 compared to one year ago

24.01.2026 Oil

Crude edges higher for week as geopolitics offset supply glut

- Market sentiment lifted by geopolitics despite inventory builds

24.01.2026 Oil

Trump’s Iran warning lifts oil prices despite rising US inventories

- Supply risk fears offset demand concerns in oil markets

23.01.2026 Oil

Venezuela's congress advances major oil law reform amid diplomatic shift

- Venezuelan legislature fast-tracks reform despite warnings from opposition over lack of transparency

23.01.2026 Oil

US crude oil inventories up by 0.9% for week ending Jan. 16

- Daily crude oil production increased to around 13.73 million barrels per day

24.01.2026 Oil

Oil prices slip on Arctic tensions, Fed concerns

- Easing trade tensions support oil prices, though lingering Arctic geopolitical risks limit gains

22.01.2026 Oil

IEA revises up global oil demand growth forecast by 69,000 barrels

- Global oil demand is expected to rise by around 932,000 bpd in 2026 compared to last year, reaching 104.98 million bpd

22.01.2026 Oil

Oil prices extend gains on trade tensions, geopolitical risks

- US tariff threats layer onto existing geopolitical risks and continue to influence price movements

21.01.2026 Oil

Oil slightly changed on China growth data as markets weigh Trump's tariff threats

- Prices weighing signs of resilient Chinese demand against rising geopolitical and trade-related risks

21.01.2026 Oil

Oil prices slip as Iran strike fears ease

- US president aborts planned military strikes against Iran due to combination of diplomatic progress, logistical hurdles, and significant pushback from key regional allies

19.01.2026 Oil

US oil rig count up between Jan. 10-16

- Number of US oil rigs fall by 68 compared to one year ago

17.01.2026 Oil

Oil prices set to post weekly increase on Fed uncertainty, geopolitical risks

- Brent crude edges higher this week on renewed uncertainty over US monetary policy and escalating geopolitical risks in Venezuela and Iran

18.01.2026 Oil

Oil prices rise on reduced risk of near-term Iran conflict

- Market sentiment improves after reports that Israel and several Arab partners urged Trump to delay any military action against Iran, warning against broader regional conflict

16.01.2026 Oil

Azerbaijan's state oil company begins supplying natural gas to Austria, Germany

- Gas supply via Italy ‘further expands geographical reach of Azerbaijani gas in Europe,’ says SOCAR, adds total number of countries receiving Azerbaijani gas rises to 16

18.01.2026 Oil

Oil edges lower as easing geopolitical risks and rising US inventories weigh

- Commercial crude oil inventories up by around 3.4 million barrels last week, defying market expectations for draw of about 1.7 million barrels

16.01.2026 Oil

US crude oil inventories up by 0.8% for week ending Jan. 9

- Daily crude oil production decreases to around 13.75 million barrels per day

15.01.2026 Oil

US gives Lukoil 45 more days to sell assets outside Russia

- ‘Treasury will evaluate any proposed sale of Lukoil assets on factors that support U.S. national security and foreign policy objectives,' says US agency

15.01.2026 Oil

Türkiye's oil imports down 6.3% in Nov. 2025

- Crude oil imports fall by 6.9% to 2.41 million tons in November 2025, latest data shows

15.01.2026 Oil

US raises oil price forecast for this year

- EIA sees rising inventories and oversupply pushing oil prices down in 2026

14.01.2026 Oil

Oil prices fall as US inventory build offsets Iran supply fears

- Forecasts of demand below supply are keeping oversupply in place, capping prices

14.01.2026 Oil

Oil prices edge higher on Iran supply risks, Venezuela uncertainty, Fed concerns

- Crude finds support from renewed Iran-related supply risks and uncertainty over Venezuela, while economic concerns limit gains

14.01.2026 Oil

Oil prices rise on Fed policy expectations, Latin America supply concerns

- US actions involving Venezuela and Cuba lift oil prices by heightening perceptions of risk to global oil supply

12.01.2026 Oil

Washington, Caracas complete operation to return Minerva oil tanker to Venezuelan waters

- Minerva sailed 'without payment or authorization from the Venezuelan authorities,' South American state-owned oil firm says

13.01.2026 Oil

'A lot of money is going to be made,' Trump says after meeting oil executives about Venezuela

- 'It was a great meeting we had today with the biggest companies anywhere in the world,' says US president

13.01.2026 Oil

US oil rig count down between Dec. 30-Jan.9

- Number of US oil rigs fall by 71 compared to one year ago

12.01.2026 Oil

Geopolitics and inventories lift oil prices despite oversupply concerns

- Geopolitical tensions and US crude draw support prices, capping downside from Venezuela

10.01.2026 Oil

IAEA confirms damage to buildings at Iran’s Natanz enrichment site

No rise in radiation levels detected in countries bordering Iran: UN nuclear watchdog

Armenia, US sign joint statement on peaceful nuclear cooperation amid landmark visit

Ukraine says nuclear plants cut capacity as Russian strikes hit grid in 8 regions

Türkiye says power system strong amid European blackout

Türkiye's daily power consumption down 1.8% on April 26

Türkiye's daily power consumption up 16.7% on May 22

Türkiye's daily power consumption increases 1.2% on May 10

Trump directs Pentagon to purchase coal-fired electricity as he seeks boon for fading industry

Climate change protestors block world’s largest coal export port in Australia

US to invest $625M to expand coal industry

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

Spot market natural gas prices for Tuesday, Nov. 5

Global natural gas investments to reach almost $9 trillion by 2050

Spot market natural gas prices for Thursday, Jan. 5

Turkish president announces more gas reserves found in Black Sea

Spot market natural gas prices for Thursday, Feb. 12

Spot market natural gas prices for Saturday, Nov. 29

Spot market natural gas prices for Thursday, April 17

Türkiye's natural gas imports up 17.7% in October

European gas prices surge as Qatar halts LNG output, Hormuz risks threaten flows

Venezuela exports 1st LPG shipment as Chrysopigi Lady sets sail for global markets

Türkiye's LPG production down 18.3% in November 2025

Türkiye's LPG production up 2.89% in October

US oil rig count up for week ending Dec. 26

Türkiye to deploy AI in oil and gas exploration

Oil production in Türkiye's eastern region breaks first record in 2024

Oil up in w/e Dec. 15 on demand optimism, central bank interest rate decisions

Türkiye, Iraq begin talks on new oil transport deal

US oil rig count down by 8 for week ending May 23

US oil rig count down by 6 for week ending June 28

Oil dives as weak US inflation data dashes hopes for interest rate cuts

US oil rig count down for week ending Dec. 27

US oil rig count up by 2 for week ending Sept. 5

US oil rig count down by 9 for week ending April 11

Oil giants' profits slide 15.1% to $182.1 billion in January-September

Türkiye becomes second-largest market in wind energy installations in Europe in 2025

WindEurope CEO hails Türkiye's record growth in wind power installations

Türkiye ranks second in Europe for new wind power installations in 2025

Marmara Region leads Türkiye in energy-storage wind projects with 11.5 GW

Türkiye, ACWA to sign power purchase and solar investment deals on Friday

Energy transition technologies offer new opportunities for global energy systems, IRENA says

Türkiye, UAE advance $1B deal for Nigde solar power plant

QatarEnergy, Samsung C&T ink deal to build Dukhan solar power plant

Syrian army moves towards Tishrin Dam southeast of Manbij

Hydropower gains new momentum as pumped storage accelerates globally

India launches $77 billion hydropower plan in Brahmaputra river

Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

Highlights of Türkiye's energy market in 2024

Climate crisis to push 150M more Africans into poverty by 2050, experts warn

Taiwan starts drilling of 1st deep geothermal well

Türkiye sets new record for daily power consumption with 1.34% increase on July 9

Russia's oil and gas revenues rise in February

Strait of Hormuz closure likely temporary, Fitch says

European gas prices surge as Qatar halts LNG output, Hormuz risks threaten flows

Türkiye becomes second-largest market in wind energy installations in Europe in 2025

Schneider Electric posts record 2025 revenue of €40.2B

OPEC+ agrees to extend group-wide output cuts into 2025

Libya Energy & Economic Summit 2024 to kick off in Tripoli

OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

Spot market electricity prices for Sunday, Dec. 3

ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

Spot market electricity prices for Thursday, June 8

High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

Spot market natural gas prices for Friday, Dec. 1

Turkey's daily power consumption down 0.77% on Oct. 23

Russian Lukoil starts Chashkino gas-turbine power plant

Gazprom posts 26% loss in 1H20

Türkiye becomes second-largest market in wind energy installations in Europe in 2025

Trump administration to revoke landmark Obama-era climate regulations

Trump administration plans repeal of key climate finding underpinning US emissions rules

Energy transition technologies offer new opportunities for global energy systems, IRENA says

Türkiye's LPG production up 12.4% in March

Türkiye's LPG production down 4.3% in December 2024

Türkiye's LPG production down 25% in April 2024

Türkiye's LPG production up 15% in December 2023

Energy infrastructure in Ukraine hit by 1,225 attacks in 2025 as damage surpasses $20B

EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

Former Lithuanian FM warns Russia's shadow fleet threatens EU security