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The Business Standard

Wednesday
March 11, 2026

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WEDNESDAY, MARCH 11, 2026

Global oil crisis

Global oil crisis

Crude oil pouring out of a barrel. File Photo: Reuters

From Ukraine to Iran: War stirs fresh oil shock. Is Bangladesh ready for another inflation storm?

Global oil prices have surged past $100 a barrel for the first time since that invasion, threatening to unleash yet another inflation storm on an already strained economy.

A file photo of a gas refuelling station. Photo: Reuters

Rising US fuel prices risk sparking domestic wildfire for Trump

Strategic Petroleum Reserve storage in Freeport, Texas.Photographer: Brandon Bell/Getty Images North America

The weaponisation of oil in numbers

Oil pumping jacks in an oilfield near Neftekamsk, in the Republic of Bashkortostan, Russia.Source: Bloomberg

Oil ends year of wild price swings with 2nd straight annual gain

A Russian state flag flies on the top of a diesel plant in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 10, 2019. Picture taken March 10, 2019. REUTERS/Vasily Fedosenko/File Photo

Russian oil output to fall 1.4 mln bpd next year as EU ban takes effect - IEA

Saudi Arabia cuts oil prices for Asia as global growth slows

Saudi Arabia cuts oil prices for Asia as global growth slows

Emptier than we thought.Photographer: SeongJoon Cho/Bloomberg

We told big oil not to invest. Don't complain now

Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. REUTERS/Stringer

Oil prices surge as Putin mobilises more troops

Industrial facilities of PCK Raffinerie oil refinery are pictured in Schwedt/Oder, Germany, May 9, 2022. The company receives crude oil from Russia via the 'Friendship' pipeline. REUTERS/Hannibal Hanschke/File Photo

Russia says it will stop selling oil to countries that impose price caps

File Photo: Reuters

Brent oil climbs above $100 a barrel on potential OPEC cuts

Photo: Reuters

Oil jumps almost 3% as tight supply moves back into focus

Emptier than we thought.Photographer: SeongJoon Cho/Bloomberg

Oil demand forecasts aren't as bullish as they seem

FILE PHOTO - A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018. REUTERS/Stringer AT

Oil prices hit lowest since Ukraine invasion amid recession fears

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