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Oil gains as US-Iran tensions escalate after Trump retaliation warning

- Brent crude edges higher as geopolitical risks surrounding the Strait of Hormuz outweigh broader market uncertainty

11:00 Oil

US crude oil inventories down 1.7% in week ending July 24

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

10:57 Oil

Red Sea tensions expose vulnerability of alternative oil export routes

- Alternative oil routes provide partial buffer against Hormuz disruptions but remain exposed to instability in Red Sea and around Bab el-Mandeb

29.07.2026 Oil Energy Projects

bp welcomes Türkiye's TPAO as partner in Kirkuk redevelopment project

- TPAO to acquire 15% stake in bp's Kirkuk venture as British energy major expands partnership in northern Iraq

29.07.2026 General

Oil rebounds as fresh Middle East strikes revive supply fears

- US, Saudi strikes in Iraq and uncertainty over Hormuz lift crude prices

29.07.2026 Oil

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

- Shipping risks in Hormuz and Red Sea keep downside limited

28.07.2026 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

- 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

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