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          Oil

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

          The National

          Shadi's take on the rising price of oil

          CartoonMarch 09, 2026
          A crude oil tanker at the oil terminal at Qingdao, in China’s Shandong province. AFP

          G7 'not there yet' on decision over emergency oil stocks

          EnergyMarch 09, 2026
          A report on the Iran conflict is displayed next to the Korea Composite Stock Price Index in Seoul. Bloomberg

          Oil prices surge to nearly $120 in record rise as US war with Iran escalates

          EnergyMarch 09, 2026
          Explosions erupt following strikes at Shahran oil refinery in Tehran. The unprecedented demands of this conflict will reveal new, unexpected strains in the energy systems throughout the region. Reuters

          War energy implications put Gulf logistics to the test

          EnergyMarch 08, 2026
          Adnoc said its operations continue despite regional developments. Victor Besa / The National

          Adnoc says operations continue despite regional developments

          BusinessMarch 07, 2026
          The Texas Voyager oil tanker sits anchored off the coast of Chevron's El Segundo Refinery in El Segundo, California. AFP

          Why maritime security matters now more than ever

          EnergyMarch 06, 2026
          Vehicles drive along an expressway against the backdrop of smoke rising after a strike on the Iranian capital of Tehran on March 5. AFP

          Iran's struggling economy 'unlikely to cope' with weight of war

          EconomyMarch 05, 2026
          Sabic's headquarters in Riyadh. The company plans to distribute 4.5 billion riyals as interim dividends for the second half of 2025. Reuters

          Sabic posts $6.9bn net loss as divestments weigh

          EnergyMarch 04, 2026
          Smoke billows from Saudi Aramco's Ras Tanura oil refinery after a reported Iranian drone strike. Reuters

          Iran's new wave of attacks escalates threat to the world's largest oil and gas hubs

          EnergyMarch 02, 2026
          The Maersk Columbus container ship. Maersk announced on March 1 that it will reroute all vessels normally using the Strait of Hormuz to the Cape of Good Hope indefinitely. EPA

          Strait of Hormuz in focus as Iran attacks expose Gulf energy transport risks

          EnergyMarch 01, 2026
          Oil tankers transit the Strait of Hormuz, where traffic has been disrupted after recent attacks. Reuters

          Opec+ agrees 206,000 bpd increase as Iran conflict tests supply routes

          EnergyMarch 01, 2026
          A boy swims to cool off amid high temperatures near Nahr Bin Umar oil field, in Basra. Iraq's main producing fields are in the south of the country. Reuters

          US oil companies return to Iraq as Trump administration increases its footprint in the country

          EnergyFebruary 23, 2026
          Bitcoin has wiped out gains accumulated after Donald Trump was re-elected in November 2024. AFP

          Bitcoin falls with US dollar and equity futures amid Trump tariff angst

          MarketsFebruary 23, 2026
          Iraq Economy shorthand

          How oil-dependent Iraq can no longer pay the bills

          MENAFebruary 20, 2026
          Boats manoeuvre around a tanker during a military exercise by Iran’s Islamic Revolutionary Guard Corps in the Strait of Hormuz. AFP

          Oil posts weekly gain as US-Iran tensions escalate

          EnergyFebruary 20, 2026
          An oil well in the Permian Basin near Midland, Texas. West Texas Intermediate rose 5.15 per cent after news that Iran had not addressed US red lines during nuclear talks. Reuters

          Oil rises 4% as JD Vance says Iran is ignoring US demands

          EnergyFebruary 18, 2026
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