Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump is now running out of oil in new energy dangers
London | “We are now witnessing a new phase in the war,” Amir Mohammad Akraminia, the Iranian brigadier general, told state media on Thursday (Friday AEST). He's not wrong. Houthi militants claim to have bombed two Saudi oil tankers…
Oil hits $100 per barrel
Oil prices have jumped as the conflict with Iran escalates, this time with attacks on ships in the Red Sea by the Houthi militia group aligned with Tehran. © European Union's Operation Aspides via AP On Thursday, international benchmark Brent…
Oil Prices Top $100 On Cargo Squeeze From The Middle East
Oil tankers 'Al-Riqqa' (left) and 'Al-Yarmouk' sail in the Arabian Gulf waters, off the coast of Kuwait City on June 27, 2026. (Photo: Yasser Al-Zayyat) Oil prices hit their highest levels since May topping $100 per barrel on Thursday as heightened…
US stocks tumble as Brent oil tops $100
Wall Street stocks tumbled early Thursday as oil prices shot higher on worsening effects of the US-Iran war while Tesla and Google parent Alphabet fell sharply after earnings reports. SCROLL TO CONTINUE WITH CONTENT International oil benchmark…
Oil hits $100 after Houthi attack on Saudi tankers worsens oil supply disruption
Oil prices hit their highest in nearly two months on Thursday, rising for a fifth day after Yemen's Houthis said they struck two Saudi oil tankers, widening disruption to global oil shipping through both the Red Sea and the Strait of Hormuz. SCROLL…
Oil Futures Edge Lower on Likely Technical Correction
2339 GMT — Oil futures edge lower on likely technical correction after Brent futures settled above $100 per barrel overnight for the first time in two months. However, losses may be limited by rising concerns over supply disruptions in the…
Oil passes $100 a barrel again: why it's more serious this time
Brent crude went back over $100 a barrel Thursday for the first time since May, as the conflict in the Middle East intensified. This time however, the impact on the world economy could be greater given the conflict shows no sign of ending and…
$100 Oil Is Back, Raising The Specter Of $5 Gasoline Prices To Come
AT SEA - MARCH 7: (EDITOR'S NOTE: Best quality available) The British-registered cargo ship 'Rubymar' sinking after it was targeted by Yemen's Houthi forces in international waters in the Red Sea, on March 7, 2024, in the Red Sea. The Houthis…
Russia Eyes Longer Diesel Export Ban as Ukraine Hits Oil Assets
Russia is considering extending a diesel-export ban for another month as Ukraine steps up attacks on the country's oil industry, Interfax reported. The move could add extra pressure on fuel markets that are already strained by supply disruptions in…
Oil tops $100 again after Houthi attack on Saudi tankers worsens oil supply disruption
NEW YORK, July 23 (Reuters) - Oil prices climbed above $100 on Thursday, reaching their highest level in nearly two months, after Yemen's Houthis said they had attacked two Saudi oil tankers in the Red Sea, adding to concerns over global…
Asian Government Bonds Fall as Rising Oil Prices Stoke Inflation Worries
Escalating Middle East tensions have heightened fears of supply disruptions in the Persian Gulf, pushing Brent crude above $100 a barrel for the first time in two months. Underscoring fears that hostilities between the U.S. and Iran could deepen…
Asian Stocks Set to Fall as Oil Surges Past $100: Markets Wrap
Stocks in Asia were poised for declines after a sharp Wall Street selloff, while oil surged above $100 a barrel for the first time in two months as an escalating Middle East conflict stoked fears of renewed inflation. Equity-index futures pointed…
Here's how much higher oil prices could go as hopes for an Iran peace deal fade
In just a matter of weeks, the worst-case scenario for oil has crept back into the conversation. The oil market is feeling intense whiplash, with hopes for a resolution with Iran breaking down after the latest tension. The price of Brent, the…
Best Omega-3 and fish oil supplements 2026, expert-tested
I've been taking fish oil on and off for decades Sign up for our free weekly newsletter for hot deals, best buys and expert reviews I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. We've…
KINIGUIDE | The Houthis and why they trigger another surge in oil prices
KINIGUIDE | Oil prices are climbing once again as attacks by a Yemeni armed group on commercial ships in the Red Sea threaten another one of the world's important energy trade routes. The latest attacks have ignited a new phase in the crisis…
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