Three more foreign vessels were struck off the coast of Iraq and the United Arab Emirates overnight, authorities said. The latest incidents in or near the Strait of Hormuz come shortly after Iran warn
An unprecedented move from the IEA is seemingly not enough for markets, as Brent tops $100 a barrel despite promises of further supply. With markets saying one thing and policymakers saying another, C
US stocks slide as oil spikes toward $100, raising inflation and recession fears. S&P 500 futures test key 200-day MA support as traders watch energy markets closely.
India's external balance and government finances could be hit if oil prices stay high for an extended period, economists have said, as the Iran war pushes up oil import costs and the subsidies needed
Oil markets hit a fever pitch as the Strait of Hormuz closure threatens 20% of global supply. Is Brent Crude destined for $109?
The degree to which the IEA acted is interpreted as indicating that the conflict could continue for many weeks, analysts said. The IEA said its 32 member countries would release 400 million barrels of
Goldman Sachs raised its Brent, WTI crude oil price forecasts for the fourth quarter of 2026 to $71/67 per barrel from $66/62 as it sees longer ​disruption to oil flows in the Strait of Hormuz due t
Escalating Iranian attacks are dimming hopes for the quick revival of traffic through the Strait of Hormuz.
Oil prices surged over 7% even after IEA announced the largest emergency release of crude reserves in history. The IEA decision also signals how acute the oil shortage risk is, said Saul Kavonic, ener
Investors receive a few more updates related to the oil market Wednesday evening
Oil prices have surged after the Iran conflict disrupted supply through the Strait of Hormuz, and while emergency reserves have been released to stabilize markets, supply risks and bullish technical s

Oil Futures Rise Amid Ongoing Middle East Conflict

08:18pm, Wednesday, 11'th Mar 2026
Oil futures rose in early Asian trade as ongoing Middle East conflict keeps supply disruption risks elevated.
"We can survive" with crude oil hovering around $80, but anything above that will hurt consumers, says Dale Smothers. If the commodity reaches $100 or higher, Dale expects pressures to pinch consumer
The U.S. will ​release 172 million barrels of oil from its strategic ‌petroleum reserve in a bid to reduce oil prices that have soared due to supply shocks from the U.S.-Israeli war on ​Iran, U.
Iranian crude oil has continued to flow through the Strait of Hormuz ​at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from other Gulf count
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