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          Oil price

          Latest news and analysis on the impact of the price of Brent and West Texas Intermediate

          The Kuwaiti-flagged oil tanker Al Salmi was damaged in a strike in the Arabian Gulf. Reuters

          Oil prices likely to rise further after record 60% gain in March

          EnergyApril 01, 2026
          Vendors transport jerrycans filled with petrol on their motorcycles on the outskirts of Quetta, Balochistan province, Pakistan, 30 March 2026. The trade in smuggled Iranian fuel, a long-standing livelihood for many in Balochistan, has been increasingly affected by the recent US-Israel-Iran conflict, which has disrupted cross-border supply routes and driven up global oil prices. With tensions impacting shipping through key routes such as the Strait of Hormuz and tightening fuel availability, informal fuel transport has become more uncertain and costly, reflecting the wider economic strain and energy disruptions felt across Pakistan and the region. EPA / FAYYAZ AHMED
          Play

          Explained: The global fallout from the Iran war’s oil shock

          MarketsMarch 31, 2026
          As some petrol stations run short of fuel in London and elsewhere in the UK, Keir Starmer is hosting a meeting of energy chiefs. PA

          Keir Starmer to meet energy chiefs as fears of UK fuel shortage grow

          UKMarch 30, 2026
          Gulf producers have lost $15.1 billion in energy revenue since the war began. AFP

          Oil prices near $101 on Iran war ceasefire optimism

          EnergyMarch 25, 2026
          Brent dropped 10.28 per cent to $100.70 a barrel just after US President Donald Trump announced strikes had been delayed. AFP

          Oil prices fall more than 10% as Trump postpones Iran strikes

          EnergyMarch 23, 2026
          The Big Spring refinery in Texas. What the US has done on the energy side of this war looks like botched improvisation. AFP

          How the Iran war is turning America's energy dominance into a mirage

          EnergyMarch 23, 2026
          Benjamin Netanyahu said he would 'hold off' attacks on Iranian gasfields at Donald Trump's request, but Israel has launched strikes on Tehran. AFP

          Fresh wave of Israeli strikes on Iran threaten to unsettle energy markets

          EnergyMarch 20, 2026
          QatarEnergy's liquefied natural gas production centre in Ras Laffan Industrial City. Reuters

          Oil and gas prices surge after strikes on major Middle East energy sites

          EnergyMarch 19, 2026
          Iranian explosive-laden boats attacked two fuel tankers in Iraqi waters setting them ablaze on March 12. Reuters

          Iraq faces polycrisis as Iran war grinds its oil exports to a halt

          EnergyMarch 18, 2026
          Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras Al-Khaimah. Reuters

          Oil continues to rise as Trump seeks coalition to reopen Strait of Hormuz

          EnergyMarch 16, 2026
          Iran has attacked vessels in the Gulf and the Strait of Hormuz, as well as energy infrastructure across the region. Reuters

          US response to the Strait of Hormuz closure is becoming a farce

          EnergyMarch 15, 2026
          The war between the US and Israel and Iran has sent energy prices soaring. Victor Besa / The National

          Oil holds above $100 as Iran war rattles energy markets

          MarketsMarch 13, 2026
          Tankers sail in the Arabian Gulf, near the Strait of Hormuz. Reuters

          Out of his depth? Trump flounders in the Strait of Hormuz

          CommentMarch 12, 2026
          Leading analysts answer your questions about Iran's attacks on Gulf oil infrastructure
          Play

          Q&A: Iran war, oil and escalation

          MENAMarch 12, 2026
          A Pakistan warship escorts a Pakistani merchant vessel. Plans are under way by neutral countries to extract 1,000 ships out of the Arabian Gulf. Reuters
          Play

          Stranded vessels in Gulf shipping crisis face weeks of disruption

          MENAMarch 12, 2026
          Two fuel tankers on fire Iraqi waters. Media Office of Iraqi Ports / Reuters

          Oil surges past $100 as Iranian strikes on energy infrastructure rattle markets

          EnergyMarch 12, 2026
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