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Oil prices head for sharp weekly drop as diplomacy outweighs Middle East risks

- Brent and WTI benchmarks fall more than 6% this week as diplomatic optimism outweighed geopolitical tensions in Strait of Hormuz

08.05.2026 Oil

Oil heading for over 10% weekly gain on Hormuz disruption

- Prices set for double-digit weekly gains as prolonged disruption in Hormuz, sustained US pressure on Iran, stalled ceasefire efforts reinforced expectations of tighter supply

01.05.2026 Oil

Oil up on Middle East supply fears as US/Israel-Iran tensions persist

- US media reports of potential new US military strike options against Iran and renewed escalation risks in region intensified concerns over Strait of Hormuz amid fragile ceasefire efforts

01.05.2026 Oil

Oil rises 5% on blockade concerns over Iran

- Crude prices gain 5% on supply fears tied to potential maritime restrictions

29.04.2026 Oil

Brent tops $105 as Hormuz disruption persists, US-Iran uncertainty lingers

- Prolonged Strait of Hormuz disruption and stalled US-Iran talks tighten supply outlook, supporting crude prices

28.04.2026 Oil

bp profit rises 128.6% in first quarter on higher oil prices

- British energy giant's profit surges to $3.2 billion on oil price rally after Hormuz disruption

28.04.2026 Oil

Oil climbs above $103 as Hormuz tensions offset peace overtures

- Brent and WTI extend gains amid uncertainty over Iran proposal and continued US blockade of key shipping route

28.04.2026 Oil

Oil rises as Hormuz disruption delays recovery, ceasefire outlook remains uncertain

- Prices remain elevated as prolonged supply tightness from Hormuz crisis outweighs hopes that Iran's reopening proposal could ease disruption

27.04.2026 Oil

Oil holds gains amid Hormuz disruption, diplomacy limits rally

- Brent advances as US-Iran tensions sustain supply fears despite ceasefire efforts

24.04.2026 Oil

Brent advances above $106 as Strait of Hormuz tensions intensify

- Oil prices rise as US–Iran tensions and Hormuz disruptions heighten supply concerns

24.04.2026 Oil

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Rising tensions in Strait of Hormuz push oil above $100

- Escalating tensions and uncertainty over ceasefire stability raise concerns over oil supply flows through the Strait of Hormuz

22.04.2026 Oil

Oil slips as US President Trump signals Iran ceasefire extension

- Prices decline after Washington extends Iran ceasefire to allow time for Tehran to prepare 'unified proposal,' after climbing above $101 on Tuesday

22.04.2026 Oil

Oil jumps as US seizes Iranian ship, Hormuz closure stokes supply fears

- Brent tops $95, WTI climbs amid rising US-Iran tensions and uncertainty over ceasefire talks

20.04.2026 Oil

Oil markets split as blockade risks counter diplomatic signals

- Supply concerns tied to potential US blockade support Brent, but renewed Iran talks weigh on WTI

17.04.2026 Oil

Crude up as US signals sanctions on Iran buyers, inventory decline

- Sanctions risks on Iranian oil and unexpected US stock draw underpin prices, while ceasefire uncertainty caps gains

16.04.2026 Oil

Oil prices ease as Trump signals Iran conflict is 'close to over'

- Trump's refusal to extend ceasefire and openness to military outcome reintroduce risk of renewed disruptions, limiting further price declines

15.04.2026 Oil

Oil prices ease as US-Iran talks prospects temper Hormuz-driven rally

- Blockade of Iranian ports fuels supply fears, while ongoing diplomatic efforts help curb further gains in oil prices

14.04.2026 Oil

Oil prices drop 11% over week despite ongoing supply risks

- Brent slips below $100, though ongoing risks in Hormuz and regional tensions persist

10.04.2026 Oil

Energy prices plunge following US-Iran ceasefire

- Brent futures down 14.6%, WTI down 16%, TTF index drops around 20%

08.04.2026 General

Brent falls below $100 on 2-week US-Iran ceasefire deal

- Trump says two-week reciprocal ceasefire with Iran is contingent on full reopening of Strait of Hormuz

08.04.2026 Oil

IAEA says next generation reactors shaped by 70 years of experience

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Rosatom chief says 128 Russian personnel remain at Iran’s Bushehr Nuclear Power Plant

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

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Turkish president announces more gas reserves found in Black Sea

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Chevron Australia resumes full LNG production at Wheatstone gas facility

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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

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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

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

Solar, wind and storage now deliver cheaper electricity than fossil fuels, says IRENA

Global wind energy installed capacity grows 165GW in 2025

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

Solar, wind and storage now deliver cheaper electricity than fossil fuels, says IRENA

Solar meets 75% of global power demand growth 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

Spot market electricity prices for Saturday, Apr. 25

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

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

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Asian Development Bank announces $70B plan for energy, digital infrastructure

Shell to buy Canada’s ARC Resources in $16.4B deal to boost oil, gas output

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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

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ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

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High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

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Turkey's daily power consumption down 0.77% on Oct. 23

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