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Oil extends losses as easing US-Iran tensions lessen supply concerns

- Shipping risks in Hormuz and Red Sea keep downside limited

10:40 Oil

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

27.07.2026 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

Drone crash sparks fire at Russia's Tyumen oil refinery

- Zelenskyy confirmes attack on refinery, says strikes also targeted weapons plant, logistics hub, fuel depot in Russia

25.07.2026 Oil

US oil rig count down for week ending July 24

- Number of US oil rigs up by 35 compared to one year ago

25.07.2026 Oil

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

US crude oil inventories up 0.5% in week ending July 17

- Daily crude oil production decreases to around 13.8 million barrels per day

23.07.2026 General

home > related news

Iran threats, tanker incident push oil prices higher amid Hormuz fears

- Oil prices rise as escalating US-Iran tensions and reported attacks around the Strait of Hormuz fuel concerns over disruptions to global crude supplies

23.07.2026 General

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

Trade tensions, Fed rate outlook push oil prices lower

- New US tariffs on Canadian goods and expectations of tighter monetary policy raise concerns over economic growth and fuel demand

21.07.2026 Oil

Caspian Pipeline Consortium says oil tanker attacked by drones near its Black Sea terminal

- Attack forces temporary halt to oil loading at CPC marine terminal, operator says

20.07.2026 Oil

Brent rises above $90 on escalating US-Iran conflict, Hormuz supply concerns

- Benchmark crude hits highest since mid-June as fears over disruptions to shipments through the Strait of Hormuz intensify

20.07.2026 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

US oil rig count up for week ending July 17

- Number of US oil rigs up by 30 compared to one year ago

18.07.2026 Oil Finance

Oil heads for weekly gain as US-Iran tensions lift supply risks

- Markets watch Strait of Hormuz risks as US-Iran tensions dominate crude outlook

17.07.2026 Oil

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

India targets 100 GW nuclear power capacity by 2047

Türkiye, Canada join forces to build next-generation Turkish nuclear ecosystem

Loading of dummy fuel complete at Akkuyu's first reactor unit

Iran’s Bushehr nuclear plant reaches 80B kilowatt-hours of electricity generation

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

Coal prices surge as Middle East tensions disrupt energy markets

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

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 Saturday, Jul. 4

Spot market natural gas prices for Friday, Jun. 12

Spot market natural gas prices for Thursday, Apr. 9

Spot market natural gas prices for Thursday, Feb. 12

Algerian LNG vessel to arrive in Türkiye on July 13

Türkiye's LPG production up 28% in March

Türkiye, Algeria consider increasing LNG supply volume under new deal

QatarEnergy ships first LNG cargo from Golden Pass Project in Texas

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

US oil rig count falls for week ending April 17

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

US crude oil inventories down 1.5% in week ending June 19

Oil prices seek balance amid supply risks, diplomacy outlook

Strait of Hormuz instability threatens critical raw materials supply

Iranian crude reaches India under sanctions waiver since March 20: TankerTrackers data

Vestas secures 43-megawatt turbine agreement in Germany

Eurowind begins work on 138-MW Romanian wind projects

Türkiye's installed power capacity reaches 125,598 MW as renewables drive growth

Onshore wind turbines to drive most of Europe's capacity growth by 2030

Türkiye's solar power generation hits all-time high in June

Türkiye's solar generation hits fresh peak as summer demand grows

Türkiye's solar generation hits fresh peak as summer demand grows

Global solar power installations surpass 3-terawatt milestone

Türkiye has 13 GW of investment-ready pumped-storage hydropower potential

Hydropower generation strengthens Türkiye's energy security, cuts import bill by $5B

Global hydropower capacity rises to 1,469 GW as pumped storage hits record level

Spot market electricity prices for Saturday, Apr. 25

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

Italy's Saipem secures €800M contracts from Eni

Russian gas exit redraws Europe's gas pricing map

Forrestania reports high-grade gold results from British Hill drilling

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

US oil rig count up for week ending July 17

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

Renewables emerge as buffer against fossil fuel price shocks, saving $480B

Türkiye's installed power capacity reaches 125,598 MW as renewables drive growth

Global renewable energy capacity nears halfway to 2030 target as solar drives growth

Geopolitical crises highlight importance of domestic energy resources for energy security

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

Strait of Hormuz blockade brings energy crisis to Europe

USS Nimitz service extended amid Strait of Hormuz tensions: Report

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