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Oil stays on downward path as markets await details of US-Iran deal

- Concerns grow that Strait of Hormuz flows may take longer than expected to resume

10:57 Oil

Oil slides 5% on initial US-Iran deal, easing Strait of Hormuz fears

- Brent falls 4.9% to low of $83.05 per barrel on June 15, while WTI drops 5.7% to $80.01, marking their weakest level since early March

15.06.2026 Oil

OPEC+ output hikes fail to overcome Hormuz supply crisis

- Production increases have little physical impact as supply remains constrained by Strait of Hormuz disruption and broader production limits, experts say

11.06.2026 Oil

Oil rises as fresh US-Iran strikes fuel supply disruption fears

- Concerns over supply disruptions and falling US crude inventories support oil prices amid worsening regional tensions

11.06.2026 Oil

Oil mixed over renewed supply concerns after US strikes on Iran

- Prices, after slipping to seven-week low in previous session, were little changed as traders weighed US-Iran developments

10.06.2026 Oil

Oil slips as Iran-Israel halt attacks, Trump signals progress in talks

- US President Trump expects 'total victory' over Iran within two weeks

09.06.2026 Oil

Seven OPEC+ nations to increase oil output by 188,000 bpd in July

- Seven country group is scheduled to meet again on July 5

07.06.2026 Oil

Fire breaks out at oil depot in southern Russian city following Ukrainian attack

- Ukrainian president confirms attack on oil depot, says Kyiv’s long-range drones reached about 310 miles into Krasnodar region

07.06.2026 General

Oil prices rise on uncertainty over US-Iran peace talks, renewed Gulf tensions

- US President says negotiations with Iran are continuing without interruption and called on Tehran to "reach an agreement one way or another"

03.06.2026 Oil

Finland seizes $4.3M in Russian state assets to enforce Ukraine compensation claim

- Funds linked to suspended cross-border program frozen as part of enforcement action tied to Naftogaz claim

02.06.2026 Energy Diplomacy

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UN reiterates warnings over 'potential spillover' of Ukraine war after drone incident in Romania

- 'The current course must change,' says Kayoko Gotoh

02.06.2026 Energy Diplomacy

Oil prices gain as US, Iran exchange attacks

- Latest escalation adds to concerns that regional instability could threaten oil supplies

01.06.2026 Oil

Oil prices extend weekly losses on US-Iran ceasefire hopes

- Brent crude plunges nearly 10% this week as reports of drafted 60-day extension of US-Iran ceasefire ease fears over supply disruptions through Strait of Hormuz

29.05.2026 Oil

Geopolitical thaw drags oil prices down despite massive draw in US inventories

- While ceasefire talks between the US and Iran ease supply concerns and check upward pressure on crude, surging domestic demand ahead of the summer driving season provides a floor for falling prices

29.05.2026 Oil

Brent crude trades under $100 per barrel amid mixed market signals

- Oil prices remained mixed as growing hopes for a ceasefire between the US and Iran were countered by renewed concerns after US strikes on Iran resumed

27.05.2026 Oil