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Oil prices surge after tanker attack near Iraq, despite strategic reserve releases

- Tanker attack near Iraq rekindles supply disruption fears despite IEA and US move to release strategic reserves to calm markets

12:34 Oil

Oil prices extend losses as IEA plans large emergency stock release

- IEA members currently hold more than 1.2 billion barrels of public emergency oil stocks with about 600 million barrels of industry stocks held under government obligations

11.03.2026 Oil

Oil prices swing sharply as market volatility intensifies

- Prices plunge $10 before rebounding $11 within 2 hours, swinging back near $90 per barrel

11.03.2026 Oil

Oil rebounds as Trump warns Iran over Hormuz shipping

- Middle East tensions and sanctions signals keep markets volatile

10.03.2026 Oil

Oil dips below $90 after Trump says Iran war 'is very complete'

- Prices retreat from overnight surge above $119 when Strait of Hormuz closure halted shipments and Gulf producers cut output

10.03.2026 Oil

Oil prices retreat to $100 after brief spike to $115

- Brent oil at $100, WTI at $98.1 per barrel

10.03.2026 Oil

Oil jumps above $105 on Middle East tensions, supply fears

- Escalating regional tensions and risks to oil flows through Strait of Hormuz push prices to highest levels since 2022

09.03.2026 Oil

Energy markets shaken as Gulf transit crisis lifts oil and gas

- Around one-fifth of global oil and LNG flows face disruption amid escalating tension in Strait of Hormuz, triggering supply fears across energy markets

07.03.2026 Natural Gas Oil

Oil prices top $90 as Middle East supply fears persist

- Strait of Hormuz disruption drives prices higher

06.03.2026 Oil

Oil rises as Middle East supply fears persist, US waiver for Russian crude caps gains

- Strait of Hormuz disruption drives prices higher, Washington move to allow Indian purchases of Russian oil tempers rally

06.03.2026 Oil

home > related news

Oil prices climb amid Middle East tensions, Hormuz concerns

- Brent crude extends gains on Middle East tensions and Strait of Hormuz supply fears, as Washington moves to secure energy flows

05.03.2026 Oil

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 and gas prices surge as US-Israeli strikes on Iran

- Brent crude tests $80.80 in early Asian trading, marking highest level in nearly 15 months as prices surge 19.9% to €53.35 per megawatt-hour amid disruptions in Strait of Hormuz, through which about 20% of global LNG trade flows

03.03.2026 General

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

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

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

28.02.2026 Oil Energy Diplomacy

Oil prices rise as US-Iran talks stall

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

27.02.2026 Oil

Oil prices edge higher ahead of US-Iran nuclear talks

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

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

25.02.2026 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

24.02.2026 Oil

EU proposes new strategy for small modular reactors, $232M guarantee to spur investment

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

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 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 jump 28.5% as supply fears deepen

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

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

Beijing activates energy emergency measures amid Hormuz risks

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

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

Beijing activates energy emergency measures amid Hormuz risks

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

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