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          Oil

          Latest news about the key commodity driving global economies, markets and energy policies

          Farm workers remove weeds in a crop field in Brakpan, near Johannesburg. AFP

          Africa's food security at risk as Iran war squeezes trade

          BusinessApril 03, 2026
          A North Sea oil platform close to the Jackdaw gas field that is now expected to be given the green light. Photo: Equinor

          UK set to approve new gasfield in North Sea amid fuel shortage concerns

          UKApril 03, 2026
          Iran has placed a blockade on the Strait of Hormuz, allowing only a few ships to pass. Reuters

          UN Security Council split over Bahrain-sponsored Strait of Hormuz resolution

          USApril 02, 2026
          US President Donald Trump arrives to speak about the Iran war at the White House in Washington. Reuters

          Oil jumps and stocks fall as Trump promises to hit Iran ‘extremely hard'

          MarketsApril 02, 2026
          UAE fuel prices will rise in April.

          UAE petrol prices surge by third as Iran disrupts oil markets

          EnergyMarch 31, 2026
          Traders work on the floor at the New York Stock Exchange. Bloomberg

          Why the war will not sink global GDP or stocks

          MarketsMarch 31, 2026
          Kuwait's electricity and water network remains stable, despite the latest Iranian strike. Andrew Henderson / The National

          Kuwaiti power and desalination plant hit in Iranian strike

          EnergyMarch 30, 2026
          Tankers are seen off the coast of Fujairah. Reuters

          Gulf states must invest in alternatives to the Strait of Hormuz

          EnergyMarch 30, 2026
          A cargo ship operated by Cosco Shipping is docked at the foreign trade container terminal of Qingdao Port, operated by Shandong Port Group, in China's eastern Shandong province. Chinese shipping giant Cosco said on March 25 that it was resuming new bookings for container shipments to some Gulf countries, after a three-week suspension in response to the Middle East war. AFP

          Cosco ships abort Hormuz crossing despite China exemption

          EnergyMarch 27, 2026
          The conflict in the Middle East has caused petrol prices to surge, with no clear end in sight. EPA

          Oil stays elevated as Trump's Iran pause does little to calm $200 price fears

          MarketsMarch 27, 2026
          The region sits at the intersection of Asia, Europe, and Africa – an advantageous position as companies rethink where to route goods, build factories and store data. Getty Images

          Why the geography of the Gulf matters more in a fragmenting global economy

          EnergyMarch 24, 2026
          A short-range interceptor, which could be used to defend against a ballistic missile attack, is fired. Photo: Ministry of Defence
          Play

          Starmer to spend billions to get UK on 'war footing'

          UKMarch 23, 2026
          In a televised address to CERAWeek, Dr Sultan Al Jaber described Iran's attacks on Gulf energy infrastructure as something no civilian enterprise should ever have to deal with. Photo: Adnoc
          Play

          Iran's closure of Hormuz an act of economic terrorism, Dr Sultan Al Jaber says

          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
          Auto rickshaw drivers hold placards and shout slogans during a protest over the shortage of liquefied petroleum gas cylinders in Bengaluru, India. EPA

          How the Iran war brought India’s kitchens into the line of fire

          EnergyMarch 23, 2026
          CERAWeek in Houston, Texas will focus on the challenges ahead for energy security, supply and climate ambitions, markets, infrastructure, policy direction and the advance of technology. Bloomberg

          Global energy crisis deepens as Iran war dominates industry's biggest event

          EnergyMarch 20, 2026
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