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MIDDLE EAST WAR
EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surgeBrent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barr...
Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyersMiddle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional meth...
The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
Qatar says US-Iran talks to end Middle East war continue via mediators, despite deadlock over Strait of HormuzMediator Qatar confirmed that indirect negotiations between the United States and Iran continue amid a protracted conflict. Talks have resu...
US warns foreign financial institutions not to do business with IranOn October 5, 2026, the US Treasury issued a warning to foreign financial institutions regarding transactions with Iran. It stated that suc...
Haldia to revamp feedstock mix after Mideast war hit supplies, executive saysIn response to disruptions from the Middle East conflict, Haldia Petrochemicals Ltd is set to broaden its feedstock sourcing strategies. Cu...
India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exportsIranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...
Oil slips as Middle East crude exports rise, G7 to release stocksOil prices have seen a decline as increased crude exports from the Middle East and stock releases from G7 nations boost supply levels. Bren...
Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
US bombers redeployed to home bases after RAF Fairford terror attack probeThe U.S. Air Force has brought home its bombers stationed at RAF Fairford due to security concerns. An investigation into a potential terro...
India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risksIndia’s crude oil imports rose to a 2026-high of 5.26 million barrels per day in September as Gulf supplies surged, with Iraq becoming the ...
US Treasury yield hits the highest since 2002 at 5.34%The yield on the 10-year Treasury note has surged past its 2007 high, now sitting at 5.34%. At the same time, 30-year US bonds have hit a 2...
Trump weighs fresh Iran strikes as US sends 9,000 more troops to Middle EastThe US military is deploying approximately 9,000 additional troops to the Middle East aboard ships for heightened tensions with Iran. Presi...
No Middle East country will export oil if Iran's crude exports stay blocked, Ghalibaf saysIran's parliamentary speaker, Mohammad Baqer Qalibaf, stated that no country would export oil if Iran faced restrictions. He emphasized tha...
Why are oil prices up today?Oil prices are up today as US President Donald Trump rejected an Iran peace proposal to resolve the Middle East conflict and reopen the Str...
US underwater drone seized in Strait of Hormuz, claim Iran's Revolutionary GuardsIran's Revolutionary Guards have claimed to capture an American submarine drone, Remus 600 autonomous underwater vehicle, in Strait of Horm...
'Worry and sorrow': Middle East war opens old wounds in KurdistanResidents of Penjwen express deep concern over the ongoing Middle East conflict and its impact. They recall traumatic memories from the Ira...
Iran president says Tehran wants return to memorandum with USIranian President Masoud Pezeshkian said Tehran wants to return to a June memorandum of understanding with the United States, backing China...