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          Oil

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

          A billboard in Tehran about the Strait of Hormuz bears the slogan 'Forever on Iran's hand'. EPA

          Iranian ships continue to cross Strait of Hormuz despite US blockade

          EnergyApril 15, 2026
          Ships and a boat at the Strait of Hormuz, near Oman’s Musandam province. About 190 million barrels of Iranian crude are at sea. Reuters

          Iran to lose $150 million a day as US blockade ends $9 billion windfall

          EnergyApril 13, 2026
          Residents of Banda Aceh, Indonesia, form a long queue at a petrol station, amid a sharp drop in oil production. EPA

          Opec's output falls by nearly 8 million bpd in March in the worst supply shock in decades

          EnergyApril 13, 2026
          QatarEnergy plans to produce 500,000 barrels of oil equivalent per day from outside the country by 2030. EPA

          QatarEnergy finds hydrocarbons off coast of Congo

          EnergyApril 13, 2026
          US Vice President JD Vance addresses a news conference in Islamabad after talks with Iran failed to yield a deal. AFP

          Oil surges as US-Iran talks fail and Trump announces Hormuz blockade

          EnergyApril 13, 2026
          Processing plants at Juaymah in Eastern Province, Saudi Arabia, were among those damaged in Iranian attacks, disrupting liquefied petroleum and natural gas liquid exports. Reuters

          Saudi Arabia restores East-West pipeline capacity

          EnergyApril 12, 2026
          Iraq Economy shorthand

          How oil-dependent Iraq can no longer pay the bills

          MENAApril 10, 2026
          A cargo ship sails near the Strait of Hormuz, which has been blocked by Iran since the start of the regional conflict. Reuters

          Trump threatens Iran over Hormuz tolls as shipping traffic remains restricted

          BusinessApril 10, 2026
          QatarEnergy's liquefied natural gas production plant in Ras Laffan Industrial City, before it was struck by Iran on March 18. Reuters

          Qatar’s Ras Laffan LNG site may not be fully back online for months

          EnergyApril 09, 2026
          Women walk on a beach in Khasab, on northern Oman's Musandam Peninsula, which overlooks the Strait of Hormuz. AFP

          All eyes on Strait of Hormuz as Iran and US agree ceasefire

          EnergyApril 08, 2026
          Eni has been active in Egypt since 1954 and holds a diversified portfolio spanning exploration, development and production of oil and gas. Victor Besa / The National

          Eni discovers two trillion cubic feet of gas off Egypt's coast

          EnergyApril 07, 2026
          A crude oil tanker arrives in Tokyo on Friday after passing through the Strait of Hormuz two days before the war began. Reuters

          Strait of Hormuz is America's decisive moment – and Washington's blind spot

          BusinessApril 06, 2026
          This photograph shows the impact of a fire caused by a drone attack on a building of the Kuwait Petroleum Corporation (KPC), in Kuwait City on April 5, 2026. Attacks by Iranian drones on April 5 resulted in "severe" damage to Kuwaiti oil and petrochemical facilities, the country's state petroleum company said, as Tehran carries out strikes on civilian infrastructure in the Gulf. AFP

          Iran targets key infrastructure in Kuwait, Bahrain and UAE

          EnergyApril 05, 2026
          People queue to refill LPG cylinders, amid shortages in Noida. The energy crisis has forced India to crack down on hoarding of essential cooking commodities. AFP

          India buys Iranian oil for the first time in seven years to 'fully secure' supply

          EnergyApril 04, 2026
          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
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