oil price

Oil stays above $100 after Hormuz clashes

Brent heads for a weekly loss, but Hormuz risks keep fuel and shipping costs exposed

3m read

Oil prices stay above $100 after Hormuz clashes keep fuel cost fears alive

Oil at $150 may be weeks away if Hormuz stays shut

Experts say Hormuz disruption, US-Iran tensions and supply gaps could drive oil higher

US Marines board the commercial ship M/V Blue Star III in the Arabian Sea, near the Strait of Hormuz.

Hormuz standoff sends oil above $114

Brent’s move above $114 revives inflation concerns for consumers and businesses

Oil above $114 raises fresh fuel and airfare worries

What is OPEC, OPEC+? All you need to know

From petrol prices to global power — here's why OPEC still shapes your world

OPEC has been handling the supply side of things quite well. Those moves to curtail production is fetching results.

Oil to get costlier the more Hormuz disruption drags on

Supply constraints, fragile ceasefire keep crude at $100 despite weaker demand signals

Oil to get costlier the more Hormuz disruption drags on amid war risks

Saudi Arabia restores energy facilities hit by attacks

East-West pipeline and Manifa output back online, Khurais recovery ongoing

Saudi restores key oil facilities after attacks, stabilising global supply

Saudi oil output drops after strikes hit pipeline

Pipeline and key fields hit, cutting output and raising global supply concerns

This handout satellite image taken by 2026 Planet Labs PBC shows the oil infrastructure at Saudi Arabia's western Red Sea port of Yanbu on March 4, 2026.

Could the Hormuz crisis eclipse the 1970s oil shock?

Supply losses may outpace 1970s crisis as prices rise, Hormuz disruption tests buffers

Signs cover petrol bowsers at a closed petrol station in Sydney on March 30, 2026. Australia will halve a tax on fuel to reduce costs for motorists experiencing soaring petrol prices due to war in the Middle East, Prime Minister Anthony Albanese said on March 30, 2026.

10 ways to save money as oil prices surge globally

International Energy Agency outlines steps as oil tops $100 after Hormuz Strait disruption

The war in the Middle East is creating a major energy crisis, said the IEA.

UAE energy supplies stable after Fujairah oil zone fire

Domestic market needs will be met without disruption, said the Minister at FOIZ

A delivery-person rides a motorcycle along a road as behind a tall smoke plume billows following an explosion in the Fujairah industrial zone on March 3, 2026.

Oil spikes above $100 as war fears grip global markets

Crude surges above $100 as Hormuz disruption triggers supply fears

Prices surged into the triple digits as the war raises stress levels.

Top 20 countries with biggest oil reserves: Iran's rank

Discover the nations dominating global oil reserves: How global dynamics are shifting

A Panamanian tanker docking at the platform of the oil facility in the Khark Island, Iran. File photo.

TRENDING STORIES