Opec

Oil rises on concerns over Strait of Hormuz reopening plans

2026-08-07T04:05:45.000Z
A proposed deal between Iran and Oman would give Teheran control over ships entering the Gulf through Hormuz, said sources

Oil prices slip as Iran cites progress with Oman on Hormuz shipping agreement

2026-08-06T05:35:39.000Z
With September’s output hike now agreed, Opec+ still has in place one more layer of output cuts that apply to most of the group’s members.

Opec+ makes small quota hike to finish unwinding 2023 oil cuts

2026-08-02T23:20:58.000Z
The Hormuz straits is the world’s most important oil shipping route, through which around a fifth of global oil and gas flows previously passed.

Oil prices slip as tankers continue to ply the Middle East despite escalating US-Iran war

2026-07-30T05:25:30.000Z
Brent topped US$90 a barrel, spiking about 7 per cent.

Oil jumps above US$90 as Trump says US plans to strike Iran again

2026-07-29T14:05:05.000Z
Brent crude futures were down US$0.54, or 0.6 per cent, at US$87.82 by 0046 GMT.

Oil prices fall 1% as investors weigh pause in US strikes on Iran

2026-07-28T01:21:53.000Z
The whiplash in oil prices is the story of this war’s energy economics so far: extraordinary shocks, absorbed and unwound with speed. 

How long can energy markets withstand the Iran war?

2026-07-21T23:00:00.000Z
Yemen’s Iran-aligned Houthis opened a new front in the Iran war by threatening to target vessels carrying Saudi oil in the Bab el-Mandeb Strait.

Oil extends gains as US-Iran strikes heighten supply disruption fears

2026-07-21T22:02:57.000Z
Oil prices have oscillated on prospects for Iran war escalation and détente, as a threat by Yemen’s Houthi to blockade Red Sea traffic adds risk.

Oil dips after two-day gain as traders weigh Middle East outlook

2026-07-20T22:05:08.000Z