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Oil prices fall around 6% on hopes for US-Iran diplomacy

- Markets remain cautious as risks to shipping through Strait of Hormuz and Bab el-Mandeb Strait persist

10:43 Oil

Oil rally lags initial war surge as Trump's election calculus caps price fears

- Brent crude gains 24% since US-Iran fighting resumed, compared with a 43% surge during the first three weeks of the war

25.07.2026 Oil

Iranian media says US strike killed 2 crew members aboard LPG tanker near Strait of Hormuz

- State broadcaster says US mistakenly targeted vessel believed to be carrying Iranian gas; identity of tanker not immediately clear

25.07.2026 General

Oil prices post third consecutive weekly gain amid escalating US-Iran conflict

- Brent crude rose about 11% over the week as escalating military tensions between the US and Iran and growing risks to oil flows through the Strait of Hormuz fueled fears of global supply disruptions

24.07.2026 General

Oil edges lower after topping $100

- Traders weigh escalating Middle East supply risks against prospect of higher US interest rates

24.07.2026 General

Oil tops $100 as Middle East tensions threaten supplies

- Brent crude futures climbed to their highest level since May 27

23.07.2026 Oil

TotalEnergies’ Q2 profit jumps 68% on higher oil, refining margins

- Net income rises to $6.03B as Middle East conflict drives crude, refined-product prices higher

23.07.2026 Finance

Oil tops $95 as US-Iran tensions spread across Middle East

- Iranian missile launches, fresh US strikes and Houthi threats to shipping routes heighten concerns over regional energy supplies

22.07.2026 Oil

Escalation in Middle East tensions lifts oil prices over $93

- Renewed attacks on Iran and rising threats to regional shipping push geopolitical risk higher in global crude markets

22.07.2026 Oil

Kuwait says Iranian strikes hit key oil facility

- Attacks resulted in 'significant material damage and some injuries,' says Kuwait Petroleum Corporation

18.07.2026 Oil

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Rystad cuts confidence in Iran deal as Hormuz tensions lift oil risks

- Hormuz security risks and renewed maritime attacks push Brent above $85 per barrel

17.07.2026 Oil

Oil rises as Middle East tensions fuel supply concerns

- Concerns over possible disruptions in the Strait of Hormuz outweigh worries about weaker global growth and oil demand

17.07.2026 Oil

US says it disabled oil tanker trying to breach Iran naval blockade

- Central Command says it tracked Curacao-flagged oil tanker M/T Belma as it transited international waters toward Kharg Island

16.07.2026 General

US crude oil inventories down 0.4% in week ending July 10

- ⁠Daily crude oil production increases to around 13.86 million barrels per day

16.07.2026 Oil

Ukraine condemns Iran's attack on UAE oil tankers in Strait of Hormuz

- Kyiv says missile attack injured 2 Ukrainian nationals, calls for immediate reopening of strategic waterway

14.07.2026 Oil

Oil jumps nearly 5% as Russia sanction prospects deepen supply concerns

- Prospect of thighter sanction on Russian crude and escalating Gulf tensions fuel strongest of rally in weeks

14.07.2026 Oil

Commercial ship traffic through Strait of Hormuz falls back to near-record lows

- Only 14 commercial vessels cross strategic waterway on Sunday after Iran announces closure until further notice - Vessels include tankers carrying around 2M barrels of Iranian crude and 1M barrels of petroleum products

13.07.2026 General