Brent crude

Brent crude

Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration taken, June 6, 2023. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

Brent heads for record monthly jump as Houthi attacks widen Gulf conflict

Brent crude futures jumped $2.43, or 2.16%, to $115 a barrel by 0342 GMT after settling 4.2% higher on Friday

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

Global markets rattle as Hormuz disruption drives oil above $115

Motorcyclists and car drivers wait in a long queue for fuel in front of the Trust oil pump in Tejgaon, as shortages leave customers standing for hours amid limited daily supply from companies. Photo Mehedi Hasan

Global energy storm: Let’s hope for the best, prepare for the worst

Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration taken, June 6, 2023. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

Oil rises as markets assess supply risk after Iran denies US talks

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

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