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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

10:47 Oil

Türkiye's daily power consumption up 0.1% on March 5

- Electricity exports amount to 9,126 megawatt-hours and imports total 4,864 megawatt-hours

10:46 Electricity

Spot market electricity prices for Friday, March 6

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.70 billion Turkish liras

05.03.2026 Electricity

Spot market natural gas prices for Wednesday, March 4

- 1,000 cubic meters of natural gas on spot market costs 14,567.79 Turkish liras

05.03.2026 Natural Gas

Türkiye's daily power consumption down 0.2% on March 4

- Electricity exports amount to 10,054 megawatt-hours and imports total 4,528 megawatt-hours

05.03.2026 Electricity

Spot market natural gas prices for Tuesday, March 3

- 1,000 cubic meters of natural gas on spot market costs 14,423.08 Turkish liras

04.03.2026 Natural Gas

Spot market electricity prices for Thursday, March 5

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.48 billion Turkish liras

04.03.2026 Electricity

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

Türkiye's daily power consumption up 1.7% on March 3

Electricity exports amount to 8,764 megawatt-hours and imports total 4,805 megawatt-hours

04.03.2026 Electricity

European gas prices surge more than 100% amid Hormuz closure

- Prices had closed at €31.95 per megawatt-hour on Feb. 27, before US and Israeli attacks on Iran

03.03.2026 Natural Gas

home > related news

Spot market electricity prices for Wednesday, March 4

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.17 billion Turkish liras

03.03.2026 Electricity

Spot market natural gas prices for Monday, March 2

- 1,000 cubic meters of natural gas on spot market costs 14,455.96 Turkish liras

03.03.2026 Natural Gas

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

Türkiye's daily power consumption up 12.7% on March 2

- Electricity exports amount to 7,984 megawatt-hours and imports total 4,398 megawatt-hours

03.03.2026 General

European gas prices soar up to 48% amid Middle East tensions

- Tanker traffic through the Strait of Hormuz stalls after US-Israeli strikes on Iran, Qatar halts LNG output, and Europe’s low storage levels amplify concerns over global supply disruptions

03.03.2026 General

Spot market natural gas prices for Sunday, March 1

- 1,000 cubic meters of natural gas on spot market costs 14,507.32 Turkish liras

02.03.2026 Natural Gas

Spot market electricity prices for Tuesday, March 3

- Energy Exchange Istanbul (EXIST) data shows electricity market trade volume amounts to 1.53 billion Turkish liras

02.03.2026 Electricity

European gas prices jump more than 20% amid Middle East tensions

- Strait of Hormuz disruptions heighten supply concerns for global LNG markets

02.03.2026 Natural Gas

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

Türkiye's daily power consumption down 10.5% on March 1

- Electricity exports amount to 10,555 megawatt-hours and imports total 4,003 megawatt-hours

02.03.2026 Electricity

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

Ukraine says nuclear plants cut capacity as Russian strikes hit grid in 8 regions

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

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

Global consortium launches study on carbon capture hubs to support Asia's decarbonization

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 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

Türkiye's LPG production up 2.89% in October

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

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

Oil giants' profits slide 15.1% to $182.1 billion in January-September

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

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

Schneider Electric posts record 2025 revenue of €40.2B

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