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Oil market remains fragile despite start of strategic reserve shipments

- Slow flow keeps markets vulnerable as Strait of Hormuz has been effectively closed since early March

27.03.2026 Oil

World Bank to help countries amid Middle East conflict

- World Bank works for address challenges arising from Middle East conflicts

27.03.2026 General

Philippines imports 700,000 barrels of Russian crude oil amid Mideast conflict

- Manila taking all possible measures to tackle rising fuel prices, supply shortages, says Malacanang Presidential Palace

27.03.2026 General

UN agency warns Strait of Hormuz crisis could take months to stabilize costs

- FAO says disruption to global commodity flows could persist even if US-Israeli war on Iran ends now

27.03.2026 General

Japan releases 2nd batch of strategic oil reserves amid Mideast tensions

- Tokyo taps emergency stockpile equal to 30 days of demand as energy supply risks rise

26.03.2026 General

Saudi Arabia to cut April oil flows to China, India as war disrupts exports

- Lower shipments reflect strain on Gulf routes and limited rerouting capacity via Red Sea

26.03.2026 General

Australia fuel shortages worsen as over 500 stations run dry

- Diesel outages spread and rural areas hit hardest as distribution strains intensify

26.03.2026 General

European gas prices fall over 7% as market pressures ease

- Natural gas prices in Europe slip below $58 per megawatt-hour after recent war-driven surge amid easing supply concerns, diplomatic efforts in Middle East

25.03.2026 General

Ireland set to introduce short-term measures to tackle rising energy costs

- ‘Immediate, targeted’ measures aimed at easing pressure on public, says Micheal Martin

24.03.2026 General

South Korea to enforce 5-day vehicle rotation system as Mideast conflict hits energy supplies

- Starting Wednesday, move is part of government's energy-saving measures to mitigate impacts of global energy shortages

24.03.2026 General

home > related news

Hormuz crisis: Why Gulf's energy export alternatives remain limited

- Experts say disruption around Strait of Hormuz underscores limits of existing bypass infrastructure, increasing pressure for new pipelines, storage and logistics links

24.03.2026 Natural Gas

Grounding planes ‘a distinct possibility,’ says Philippines amid fuel shortages due to Mideast conflict

- Several countries ‘already told our airlines they cannot fuel their aircraft,’ says President Ferdinand Marcos Jr.

24.03.2026 Oil

South Korea’s president calls for 'emergency response system' to cope with impacts from oil shortages

- Lee Jae Myung also asks for swift passage of extra budget to help industries and vulnerable households hit by soaring energy prices

24.03.2026 Natural Gas Oil

Asian nations set to introduce measures to mitigate impact of oil shortages

- Australian capital authorities ask citizens to consider purchasing electric vehicles

23.03.2026 General

Investigators raid offices of 4 major South Korean oil refiners over alleged price fixing

- Seoul enforcing fuel price cap system amid concerns over spiraling energy prices due to US-Israeli war against Iran

23.03.2026 General

Cost of Gulf conflict top $2B daily as Hormuz disruption slashes energy exports

- Gulf oil exports drop nearly 60% as Strait of Hormuz disruption triggers one of the largest supply shocks in recent history

21.03.2026 Finance Energy Diplomacy

Brent crude oil trading at $108.27 per barrel week ending on Friday

- Oil prices fluctuate throughout week due to ongoing conflicts in Middle East, despite measures aimed at stabilization

20.03.2026 Oil

Brent down to $107.68 after volatile week driven by Middle East tensions

- Attacks on key energy infrastructure in Iran, Qatar and Kuwait keep supply risks elevated as Brent retreats from recent highs above $119 as geopolitical premium softens

20.03.2026 Oil Refining/Petro Chemistry

Oil, gas and coal surge over two weeks of US-Israel attacks on Iran

- Brent crude futures rise 42.3% from pre-attack levels, European natural gas prices jumped 57%, and coal increases 15.8% over two-week period

14.03.2026 General

Australia to release 6 days' worth of oil stockpile amid Mideast tensions

- 'There is a war. I think war ticks the boxes of crisis,' says Energy Minister Chris Bowen

13.03.2026 Oil

Bushehr nuclear plant in Iran hit in 3rd attack, no damage reported

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

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

Chevron says LNG output to resume once safe after cyclone disruptions in Western Australia

Norwegian LNG vessel to arrive in Türkiye on April 8

Attack on Qatar's Ras Laffan disrupts LNG output, reshaping global supply outlook

European gas prices jump 28.5% as supply fears deepen

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

Brent down to $107.68 after volatile week driven by Middle East tensions

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

Türkiye's 120 GW solar and wind target aligns with security-driven energy innovation

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

Türkiye's installed solar power capacity surpasses 25,000 megawatts

Türkiye's 120 GW solar and wind target aligns with security-driven energy innovation

Türkiye, ACWA to sign power purchase and solar investment deals on Friday

Energy transition technologies offer new opportunities for global energy systems, IRENA says

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

Türkiye's Energy Minister to attend Anadolu's Editor's Desk on March 25

Türkiye's daily power consumption down 0.5% on March 21

Cost of Gulf conflict top $2B daily as Hormuz disruption slashes energy exports

US oil rig count up for week ending March 20

IEA launches record oil stock release after historic supply disruption

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

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