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International Energy Agency

A pump jack operates near a crude oil reserve in the Permian Basin oil field near Midland, Texas, U.S. February 18, 2025. REUTERS/Eli Hartman
Apr 14, 2026

Oil prices fall as supply concerns ease on hopes for more US-Iran talks

Oil prices dropped as hopes for resumed U.S.-Iran talks eased fears of supply disruptions from the Strait of Hormuz blockade, despite ongoing risks.

A cargo ship in the Gulf, near the Strait of Hormuz
Apr 2, 2026

US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

Oil prices climbed near $110 a barrel after President Donald Trump said the U.S. would continue attacks on Iran, raising fears of supply disruptions.

The Callisto tanker sits anchored as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 10, 2026. REUTERS/Benoit Tessier/File Photo
Apr 1, 2026

Oil slides as Middle East uncertainty keeps markets on edge

Oil prices fell as uncertainty over the Middle East conflict and the closure of the Strait of Hormuz disrupted supply, despite U.S. signals of a potential war end.

Oil up more than 2.5% but set for first weekly decline since start of Iran war
Mar 27, 2026

Oil up more than 2.5% but set for first weekly decline since start of Iran war

Oil prices rose more than 2.5% but are set for their first weekly decline since the iran war began amid ongoing conflict and US military buildup.

A pump jack operates outside of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman
Mar 24, 2026

Oil rises as supply disruption persists and Iran denies US talks

Oil prices climbed due to ongoing supply disruptions in the Strait of Hormuz, while Iran denied having talks with the U.S. to end Gulf tensions.

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS/Stringer/File Photo REFILE - CORRECTING "TANKERS" TO "CARGO SHIPS" AND REMOVING ACTION "SAIL".
Mar 23, 2026

Oil prices plunge 10% on US-Iran talks to resolve the hostilities in the Middle East

Oil prices dropped about 10% following US-Iran talks aimed at resolving Middle East hostilities, easing fears of further escalation and supply disruptions.

An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. REUTERS/Benoit Tessier/File Photo
Mar 17, 2026

Oil prices rise nearly 2% after renewed Iranian attacks on UAE

Oil prices rose nearly 2% following renewed Iranian attacks on UAE oil facilities, raising concerns about global supply disruptions amid the ongoing Iran conflict.

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Mar 16, 2026

Oil prices ease as US says it is fine with some ships going through Strait of Hormuz

Oil prices eased after the US approved some Iranian, Indian, and Chinese ships passing through the Strait of Hormuz amid ongoing Iran war tensions and emergency reserve talks.

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Mar 13, 2026

Oil prices dip as Indian tanker sails out of Strait of Hormuz

Oil prices fell as an Indian tanker passed through the Strait of Hormuz and the U.S. issued measures to ease supply concerns amid Middle East conflict disruptions.

FILE PHOTO: Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS/Stringer/File Photo
Mar 12, 2026

Oil unlikely to hit $200 a barrel, US energy chief says

U.S. Energy Secretary Chris Wright says oil prices are unlikely to reach $200 a barrel despite disruptions in the Strait of Hormuz caused by the Iran conflict.

A foreign tanker carrying Iraqi fuel oil damaged after catching fire in Iraq's territorial waters, following unidentified attacks that targeted two foreign tankers, according to Iraqi port officials, near Basra, Iraq, March 12, 2026. REUTERS/Mohammed Aty
Mar 12, 2026

World faces largest-ever oil supply disruption on Middle East war, IEA says

The IEA reports the biggest oil supply disruption in history due to the Middle East war, with global supply dropping 8 million barrels per day in March 2024.

A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Mar 11, 2026

Oil prices up 5% as supply fears mount despite record stocks release plan

Oil prices surged nearly 5% due to attacks in the Strait of Hormuz and concerns over supply despite the IEA's plan for a record 400 million barrel reserve release.

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