Brent crude

Brent crude

A satellite image shows smoke coming out of an oil facility, as Yemen's Iran-aligned Houthis said on Monday they targeted a number of sensitive crude oil supply and transport sites, according to a statement by the group's military spokesperson Yahya Sare, in Abqaiq, Saudi Arabia July 27, 2026. Photo: Courtesy European Union/Copernicus Sentinel-2/Handout via REUTERS

Saudi Arabia is running out of options to export oil. What does that mean for global energy?

The disruptions have added pressure to global oil markets, with crude prices trading above $105 a barrel after reaching $110 a barrel on Monday

Industrial facilities of the PCK 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

Saudi Arabia cancels oil shipments to European refineries after attacks

Satellite image shows the East-West pipeline facility in the Hejaz Region, Saudi Arabia, September 8, 2026. Photo: 2026 Planet Labs PBC/Handout via REUTERS

Oil markets survived the Iran war sprint. Now comes the marathon

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Oil prices jump more than 3% after new strikes on Saudi Arabia, Strait of Hormuz

A representational image of the Strait of Hormuz. Photo: Reuters

Asia's oil industry wants Trump to leave the Gulf, but expects he won't

US President Donald Trump speaks at the Republican National Midterm Convention in Dallas, Texas, US, on 9 September 2026. Photo: Reuters

Trump says Iran war to end after US midterm elections, threatens to attack Pickaxe Mountain

Ships often dock to load and discharge produce at refineries in oil-rich Nigeria, in thie case at the Dangote refinery in Lagos in April 2026. Photo: Sodiq Adelakun/REUTERS

Suspected oil thieves dead after inhaling fumes in Nigeria

Installations at the El Palito refinery of Venezuelan state oil company PDVSA, after the National Assembly approved a major reform of the country's main oil law, in Puerto Cabello, Venezuela, January 22, 2026. Photo: REUTERS/Gaby Oraa/File Photo

Trump's oil deal with Venezuela raises red flags for some major producers: Sources

A general view of Caracas, Venezuela January 10, 2025. Photo: REUTERS/Leonardo Fernandez Viloria

Trump says US is taking partial control of Venezuela's vast oil reserves

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: File/Reuters

Oil falls ahead of US announcement on new Iran sanctions

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

Are global oil stocks big enough to weather another six months of US-Iran war?

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, 24 June 2026. Photo: REUTERS/Stringer

Oil steady as Iran tempers hopes for swift Hormuz reopening

Representational image

Can the world survive without Gulf oil?