Brent crude

Brent crude

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 US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Photo: REUTERS/Stringer/File Photo

Refiners in India, elsewhere in Asia look to buy Iranian oil after US waives sanctions

Three Indian refining sources said they will buy Iranian oil and are awaiting government directions and clarity from Washington on details such as payment terms

Oil tankers in the Singapore Strait in Singapore March 17, 2026. Photo: REUTERS/Edgar Su

Asia's Russian fuel imports poised to hit all-time high due to Middle East disruption

Luojiashan tanker sits anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 7, 2026. File Photo: REUTERS/Benoit Tessier

US is quickly exhausting tools to absorb Iran war oil shock

A satellite image shows an oil terminal on Kharg Island, Iran, on 25 February 2026. File Photo: Planet Labs PBC/Reuters

Why Kharg Island matters in the Middle East and global oil markets

A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025. Photo: REUTERS/Dado Ruvic/Illustration//File Photo

Stocks slip, dollar strong as Iran conflict pushes oil prices higher

An F/A-18E Super Hornet prepares to make an arrested landing on the flight deck of the US Navy Nimitz-class aircraft carrier USS Abraham Lincoln in support of the Operation Epic Fury attack on Iran from an undisclosed location March 2, 2026. Photo: US Navy/Handout via REUTERS

Iran unleashes oil shock to blunt US firepower

Luojiashan tanker sits anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the US-Israeli conflict with Iran, in Muscat, Oman, March 7, 2026. File Photo: REUTERS/Benoit Tessier

Oil sinks 7% as Trump predicts Middle East de-escalation

People stand near a destroyed vehicle as smoke rises after a reported strike on Shahran fuel tanks, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 8, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Governments scramble to limit fallout of Iran war as oil prices surge

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil soars 25%, gold drops as Iran war jolts global commodity markets

Illustration: Ashrafun Naher Ananna/TBS Creative

Economists suggest tighter monetary policy in view of Middle East war

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil drifts lower as traders weigh supply risks amid US–Iran tensions

Fuga Bluemarine crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. Photo: REUTERS/Tatiana Meel/File Photo

Indian refiners avoid Russian oil in push for US trade deal

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Malaysia seizes $129.9m in crude oil from tankers suspected of illegally transferring oil