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Crude Oil

Two Indian-flagged ships attacked while crossing Strait of Hormuz, government confirms

18 Apr 2026-20:02
Tracking data shows tankers turning around in Strait of Hormuz - VIDEO

Tracking data from Marine Traffic earlier today shows tankers turning around at the Persian Gulf side of the Strait of Hormuz.

18 Apr 2026-19:27
Pakistani-flagged tanker moves through Hormuz with UAE crude

17 Apr 2026-09:44
Iran reports tanker transit through Hormuz despite U.S. blockade

Iran’s state media reported on Wednesday that a bulk carrier carrying food supplies and an Iranian crude oil tanker had entered Iranian waters after passing through the Strait of Hormuz, shortly after a senior U.S. military commander declared that a blockade of Iranian ports was now "fully implemented."

15 Apr 2026-18:23
Oil up 5% as Hormuz worries heighten supply risks

Oil prices surged nearly 5% on Thursday as concerns grew over the fragile two-week Middle East ceasefire, raising fears that energy flows through the vital Strait of Hormuz could remain limited, with shippers hesitant to resume transit.

09 Apr 2026-20:25
Oil price swings before Trump’s Iran deal deadline

Global oil prices have seen fluctuations as the deadline set by US President Donald Trump for Iran to reopen the key Strait of Hormuz shipping route approaches.

07 Apr 2026-18:59
US crude premiums reach record highs with Asia and Europe competing

Spot premiums for U.S. West Texas Intermediate crude have surged to record levels as Asian and European refiners intensify competition to secure supply, aiming to replace Middle Eastern oil flows disrupted by the Iran war, according to industry sources.

06 Apr 2026-19:47
What is driving global energy and oil price volatility

Global energy markets are currently experiencing heightened volatility due to a combination of geopolitical tensions, supply constraints, and shifting demand patterns. The price of Brent crude oil, which serves as a key international benchmark, has been particularly sensitive to developments in major producing regions.

31 Mar 2026-19:30
Amid Middle East unrest, Azerbaijani oil prices soar to new high

The price of Azerbaijan's Azeri LT CIF oil rose by $2.99, or 2.46%, to reach $124.24 per barrel in the global market.

28 Mar 2026-14:58
Oil prices spike above $110 as Iran closes Strait of Hormuz

Oil prices have spiked once more after Iran declared the Strait of Hormuz "closed" and warned that any transit through the waterway would face "severe measures."

27 Mar 2026-17:39

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